Research and development costs should be capitalized when the:
A)Future benefit is probable and the amount can be reasonably estimated.
B)Future benefit is reasonably possible and the amount can be reasonably estimated.
C)Future benefit is probable and the amount cannot be reasonably estimated.
D)None of these.

Question

Quizplus · Accepted Answer

The Answer of Research and development costs should be capitalized when the:
A)Future benefit is probable and the amount can be reasonably estimated.
B)Future benefit is reasonably possible and the amount can be reasonably estimated.
C)Future benefit is probable and the amount cannot be reasonably estimated.
D)None of these.

Research and Development Costs Should Be Capitalized When The