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One of the following statements is false: * (2 Points) Certain development costs are capitalized when it is probable that a development project will generate

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One of the following statements is false: * (2 Points) Certain development costs are capitalized when it is probable that a development project will generate future economic benefits All above statements are true Goodwill is an intangible asset that has an indefinite life Research costs are always expensed as incurred development costs are always expensed as incurred

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