Which of the following activities are considered R&D? Justify your reasons for each answer. 1. Building an
Question:
1. Building an oil shale plant to test the feasibility of large-scale exploitation
2. Testing a new type of machine to evaluate its potential usefulness in production
3. Modifying a machine to make it suitable for filling a customer’s order
4. Designing a new plant to produce the same products more efficiently
5. Testing in an attempt to find a more efficient production method
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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