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Question 15 Research and development costs e must be expensed when incurred under generally accepted accounting principles. O are dassified as intangible assets. O should

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Question 15 Research and development costs e must be expensed when incurred under generally accepted accounting principles. O are dassified as intangible assets. O should be indluded in the cost of the patent they relate to. O are capitalized and then amortized over a period not to exceed 40 years. Lr

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