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Accounting

Research and development costs for projects other than software development should be:

a. Expensed in the period incurred.

b. Expensed in the period they are determined to be unsuccessful.

c. Deferred pending determination of success.

d. Expensed if unsuccessful, capitalized if successful.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9411692

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