Ask Question
2 April, 06:58

Research and development costs for projects other than software development should be:

Expensed in the period they are determined to be unsuccessful.

Deferred pending determination of success.

Expensed in the period incurred.

Expensed if unsuccessful, capitalized if successful.

+1
Answers (1)
  1. 2 April, 07:07
    0
    Expensed in the period incurred.

    Explanation:

    This is as per recognized generally accepted accounting principles and practices across globe.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Research and development costs for projects other than software development should be: Expensed in the period they are determined to be ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers