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3 points Research and development costs should: be expensed as incurred. not be amortized, but periodically checked for impairment and written down if necessary. amortized

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3 points Research and development costs should: be expensed as incurred. not be amortized, but periodically checked for impairment and written down if necessary. amortized over a period not to exceed ten years. be amortized over the shorter of the legal life or useful life of such costs

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