Only costs of materials, equipment, and facilities having alternative future uses (in R&D projects or otherwise) are capitalized as tangible assets.

Question

Quizplus · Accepted Answer

This statement is true. Only costs of materials, equipment, and facilities that have alternative future uses in R&D projects or otherwise are capitalized as tangible assets. Other costs, such as salaries and overhead, are expensed as incurred.

Only Costs of Materials, Equipment, and Facilities Having Alternative Future