Question: Research and development ( R&D ) costs: Multiple Choice generally, pertain to activities that occur prior to the start of production. may be expensed or

Research and development (R&D) costs:
Multiple Choice
generally, pertain to activities that occur prior to the start of production.
may be expensed or capitalized, at the option of the reporting entity.
must be capitalized and amortized.
None of the other answer choices are correct.

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