Question: Development costs may be capitalized if the entity intends to use or sell the resulting product or service. the resulting product or service is

Development costs may be capitalized if the entity intends to use or

Development costs may be capitalized if the entity intends to use or sell the resulting product or service. the resulting product or service is technically feasible. the entity has sufficient resources to complete the project. All of these criteria, in addition to others, must be met in order for development costs to be capitalized.

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