Question: Research and development (R & D) costs (Points : 5) may be expensed or capitalized, at the option of the reporting entity. must be capitalized

Research and development (R & D) costs (Points : 5) may be expensed or capitalized, at the option of the reporting entity. must be capitalized and amortized. generally pertain to activities that occur prior to the start of production. None of the above

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