Question: The cash flows needed to internally create a patent ( e . g . , to conduct research that leads to the registration of a
The cash flows needed to internally create a patent eg to conduct research that leads to the registration of a patent are typically considered "research and development costs" and expensed as they are incurred. Because of this, they are generally considered operating cash flows. Where would we classify the cash flows to externally acquire a patent on the statement of cash flows?
Group of answer choices
Operating
Investing
Financing
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