Testbank Multiple Choice Question 41 Which of the following is not an intangible asset? O Franchise O Copyrights O Trade name O Research and development costs Testbank Multiple Choice Question 79 Which of the following principles best describes the current method of accounting for research and development costs? Associating cause and effect O Systematic and rational allocation Immediate recognition as an expense O Income tax minimization Testbank True False Question 12 Internally generated goodwill should not be capitalized in the accounts. True False MacBook na