ACC 304 All Assignments ACC 304 All Assignments | Page 224

58. Which of the following is considered research and development
costs?
a. Planned search or critical investigation aimed at discovery of new
knowledge.
b. Translation of research findings or other knowledge into a plan or
design for a new product or process.
c. Translation of research findings or other knowledge into a
significant improvement of an existing product.
d. all of the above.
59. Which of the following is considered research and development
costs?
a. Planned search or critical investigation aimed at discovery of new
knowledge.