klochuke4936 klochuke4936

31-12-2019
Business

contestada

Research and development costs for projects other than software development should be:

Expensed in the period they are determined to be unsuccessful.

Deferred pending determination of success.

Expensed in the period incurred.

Expensed if unsuccessful, capitalized if successful.

Respuesta :

Karabo99 Karabo99

31-12-2019

Answer:

Expensed in the period incurred.

Explanation:

This is as per recognized generally accepted accounting principles and practices across globe.

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