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In Accounting for Research and Experimental Expenditures,all of the Following

Question 38

Multiple Choice

In accounting for research and experimental expenditures,all of the following alternatives are available with the exception of


A) expense R&E costs in the year paid or incurred.
B) expense R&E costs in the year in which a product or process becomes marketable.
C) defer and amortize R&E costs as a ratable deduction over a period of 60 months or more.
D) capitalize and write off R&E costs only when the research project is abandoned or is worthless.

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