Question: Research and development costs for projects other than software development should be: Deferred pending determination of success. Expensed if unsuccessful, capitalized if successful. Expensed in

Research and development costs for projects other than software development should be:
Deferred pending determination of success.
Expensed if unsuccessful, capitalized if successful.
Expensed in the period they are determined to be unsuccessful.
Expensed in the period incurred.

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