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Which of the following best describes how development costs should be accounted for? (Select the best answer.) a. Development costs of internally used software may
Which of the following best describes how development costs should be accounted for? (Select the best answer.) a. Development costs of internally used software may be capitalized, if they were incurred during the application development stage b. Development costs are capitalized when technical and economic feasibility of a project is reached c. Costs to develop computer software for external use are expensed d. Regardless of the type of cost and industry, development costs are expensed
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