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16. Which of the following research and development related costs should be capitalized and depreciated over current and future periods? a. Research and development general

16.

Which of the following research and development related costs should be capitalized and depreciated over current and future periods?

a.

Research and development general laboratory building which can be put to alternative uses in the future

b.

Administrative salaries allocated to research and development

c.

Inventory used for a specific research project

d.

Research findings purchased from another company to aid a particular research project currently in process

17.

Which of the following costs should be excluded from research and development expense?

a.

Engineering activity required to advance the design of a product to the manufacturing stage

b.

Cost of marketing research for a new product

c.

Acquisition of R & D equipment for use on a current project only

d.

Modification of the design of a product

Clear my choice

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