Research and development activities may include (a) Personnel costs, (b) Materials and equipment costs, and (c) Indirect

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Research and development activities may include

(a) Personnel costs,

(b) Materials and equipment costs, and

(c) Indirect costs. What is the recommended accounting treatment for these three types of R & D costs?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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