Which of the following is considered research and development costs?
A) Planned search or critical investigation aimed at discovery of new knowledge.
B) Research costs incurred under contract with another company.
C) Commissions to sales staff marketing a new product.
D) Cost of marketing research to promote a new product.

Question

Quizplus · Accepted Answer

Research and development costs include activities aimed at discovering new knowledge or products, which aligns with option A. Options B, C, and D relate to marketing or contractual activities, not R&D.

Which of the Following Is Considered Research and Development Costs