Question: Consider expenditure like software development costs, where a firm has a choice of expensing the whole amount or capitalizing and amortizing it over a few

Consider expenditure like software development costs, where a firm has a choice of expensing the whole amount or capitalizing and amortizing it over a few periods. Compared to the Capitalization alternative, under Expensing

A. income will be always higher

B. income will be always higher if there is growth in assets

C. income will be always lower if there is growth in assets

D. income will be always the same

E. income will be always lower

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