Unless an election is made to expense research and experimental expenditures or to defer and amortize the expenditures,these costs must be capitalized.

Name: Unless an election is made to expense research and experimental expenditures or to defer and amortize the expenditures,these costs must be capitalized.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Research and experimental expenditures are treated as capital expenditures by default, unless an election is made to expense them or to defer and amortize the costs over time.

Unless an Election Is Made to Expense Research and Experimental