In-process research and development

Reference no: EM13123724

What is the appropriate accounting treatment for the value assigned to an in-process research and development acquired in a business combination?

a) expense upon acquisition

b) capitalize as an asset

c) expense if there is no alternative use for the assets used in the research and development and technological feasability has yet to be reached

d) expense until future economic benefits become certain and then capitalize as an asset

Reference no: EM13123724

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