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Which of the following statements is not applicable to contract acquisition costs under ASC Topic 606 guidance for revenue recognition? Multiple Choice Incremental costs

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Which of the following statements is not applicable to contract acquisition costs under ASC Topic 606 guidance for revenue recognition? Multiple Choice Incremental costs of acquiring a contract must be capitalized and amortized over the life of the contract. Costs that would be incurred regardless of whether a contract is obtained are not capitalized The capitalization requirement is subject to a practical expedent Costs must be capitalized even if the amortization period is one year or less

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