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What is the appropriate accounting treatment of In Process R&D costs (IPR&D)? (Select the best answer.) a. IPR&D is expensed when it is acquired in

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What is the appropriate accounting treatment of In Process R\&D costs (IPR\&D)? (Select the best answer.) a. IPR\&D is expensed when it is acquired in a business combination b. IPR\&D is only capitalized in connection with an asset acquisition c. IPR\&D is only capitalized when it is acquired in a business combination d. IPR\&D can be capitalized in an asset acquisition or a business combination

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