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Research and development costs should be included in the cost of the patent they relate to. are incurred as expenses only when R&D is successful.

Research and development costs

should be included in the cost of the patent they relate to.

are incurred as expenses only when R&D is successful.

are capitalized and then amortized over a period not to exceed 20 years.

must be expensed when incurred under generally accepted accounting principles.

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