Question
Based on GAAP, most software development costs are likely to be A. capitalized and amortized over a 40-year period. B. capitalized and amortized over a
Based on GAAP, most software development costs are likely to be
A. capitalized and amortized over a 40-year period.
B. capitalized and amortized over a relatively short period, such as five years.
C. expensed as R&D costs.
D. allocated to inventory and expensed to cost of goods sold when the software is sold.
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
16th Edition
007352686X, 978-0073526867
