(Q1)Which of the following accounting principles or conventions is contradictory to the GAAP requirement to expense R&D costs immediately?

historical cost

principle comparability

matching principle

conservatism

(Q2)

Which of the following is not a required disclosure regarding intangible assets in the period a company acquires intangible assets?

the rate of return used to estimate the value of goodwill purchased

the cost of any intangible assets acquired, separated into assets subject to amortization, assets not subject to amortization, and goodwill

for assets subject to amortization, the residual value and the weighted-average amortization period

the cost of any research and development acquired and written off, and where it is included in the income statement