Research and experimentation expenditures can be:
A)Expensed when incurred.
B)Amortized over 60 or more months.
C)Either (a) or (b).
D)Neither (a) nor (b).

Question

Quizplus · Accepted Answer

Research and experimentation expenditures can be either expensed when incurred or amortized over a period of 60 months or more, depending on the accounting policies of the company and applicable accounting standards.

Research and Experimentation Expenditures Can Be