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FASB 141R (ASC 805) requires that ongoing research and development projects be treated in all of the following ways except: Recorded at acquisition-date fair values

FASB 141R (ASC 805) requires that ongoing research and development projects be treated in all of the following ways except:

Recorded at acquisition-date fair values Classified as intangible assets having indefinite lives Expensed immediately Tested for impairment periodically

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