Question: Based on GAAP, most software development costs are likely to be... Select one: a. allocated to inventory and expensed to cost of goods sold when

Based on GAAP, most software development costs are likely to be... Select one: a. allocated to inventory and expensed to cost of goods sold when the software is sold b. capitalized and amortized over a 40-year period. O c. expensed as R&D costs. d. capitalized and amortized over a relatively short period, such as five years

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