Expenditures for research and development are generally recorded as:
A)current operating expenses.
B)assets,and amortized over their estimated useful life.
C)assets,and usually amortized over 40 years.
D)current assets.

Question

Quizplus · Accepted Answer

Research and development costs are typically expensed as incurred, meaning they are recorded as current operating expenses.

Expenditures for Research and Development Are Generally Recorded As