Which costs related to computer software is capitalized

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Problem 1: Which of the following costs related to computer software is capitalized to an intangible asset account?

A. Costs of duplication and reproduction of software for sale

B. Development costs before technological feasibility is achieved

C. Coding and testing costs incurred to establish technological feasibility

D. Coding and testing costs incurred after technological feasibility is established but before the product master is completed

Problem 2: The cost of a franchise is classified in the statement of financial position as a(n)

A. operational asset.

B. deferred charge.

C. intangible asset.

D. current asset.

Reference no: EM132744444

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