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    Exam 6: Acquisition and Use of Long-Term Assets
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    Under U.S.GAAP,research and Development Costs (R&D)are ________
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Under U.S.GAAP,research and Development Costs (R&D)are ________

Question 73

Question 73

Multiple Choice

Under U.S.GAAP,research and development costs (R&D) are ________.


A) capitalized and amortized
B) capitalized and depreciated
C) expensed when incurred
D) expensed when the related product is sold

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