An Activity That Would Be Expensed Currently as Research and Development

question 44

Multiple Choice

An activity that would be expensed currently as research and development costs is the

• A) Testing in search for or evaluation of product or process alternatives
• B) Adaptation of an existing capability to a particular requirement or customer's need as a part of continuing commercial activity
• C) Legal work in connection with patent applications or litigation, and the sale or licensing of patents
• D) Engineering follow-through in an early phase of commercial production

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Definitions:

Students

Individuals who are enrolled in an educational institution for the purpose of learning.

Unsatisfactory

Not meeting expectations or requirements; inadequate or poor.

Truckload

A shipment large enough to fill an entire truck's cargo space, or a quantity of goods that requires the exclusive use of a truck to transport.

Random Sample

A sample drawn in such a way that each member of the population has an equal chance of being included.