Which of the following is not considered research and development costs?
A) Planned search or critical investigation aimed at discovery of new knowledge.
B) Translation of research findings or other knowledge into a plan or design for a new product or process.
C) Translation of research findings or other knowledge into a significant improvement of an existing product.
D) Cost of marketing research to promote a new product.

Question

Quizplus · Accepted Answer

Cost of marketing research to promote a new product is not considered research and development costs. It is a separate function aimed at promoting and selling a product once it has been developed.

Which of the Following Is Not Considered Research and Development