In accounting for research and experimental expenditures,all of the following alternatives are available with the exception of
A)expense R&E costs in the year paid or incurred.
B)expense R&E costs in the year in which a product or process becomes marketable.
C)defer and amortize R&E costs as a ratable deduction over a period of 60 months or more.
D)capitalize and write off R&E costs only when the research project is abandoned or is worthless.

Question

Quizplus · Accepted Answer

B)In the year paid or incurred,the expenditures may be expensed,capitalized and amortized over 60 months,or capitalized.

In Accounting for Research and Experimental Expenditures,all of the Following