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In your view what is the appropriate accounting for research and development (R&D) costs? Do you believe that (1) capitalization is the correct treatment of
In your view what is the appropriate accounting for research and development (R\&D) costs? Do you believe that (1) capitalization is the correct treatment of R&D costs, (2) expensing is the correct treatment of R&D costs, or (3) that companies should be allowed to choose between expensing and capitalizing R\&D costs? Do not be influenced by the method required by the FASB. Base your opinion on the conceptual merits of the options. In your view what is the appropriate accounting for research and development (R\&D) costs? Do you believe that (1) capitalization is the correct treatment of R&D costs, (2) expensing is the correct treatment of R&D costs, or (3) that companies should be allowed to choose between expensing and capitalizing R\&D costs? Do not be influenced by the method required by the FASB. Base your opinion on the conceptual merits of the options
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