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Research and development costs should be: Expensed if unsuccessful, capitalized if successful. Expensed in the period incurred. Deferred pending determination of success. Expensed in the

Research and development costs should be:

  • Expensed if unsuccessful, capitalized if successful.

  • Expensed in the period incurred.

  • Deferred pending determination of success.

  • Expensed in the period they are determined to be unsuccessful.

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