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  3. research costs incurred by a company should be: a.

Research costs incurred by a company should be: A. capitalized and amortized over 20 years...

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Question

Accounting

Research costs incurred by a company should be:

A.

capitalized and amortized over 20 years or less

B.

expensed on the current year's income statement

C.

capitalized and amortized over a period greater than 25 years

D.

either capitalized and amortized or expensed immediately at the option of the accountant

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