Which of the following is not considered as Research & Development costs?
A. Testing in search for product alternatives
B. Legal work on patent application
C. Modification of design of a process
D. Searching for application of new research findings
Answer: Option B
Solution (By Examveda Team)
Legal work on patent application is not considered as Research & Development costs. Research and development (R&D) expenses are associated with the research and development of a company's goods or services.This Question Belongs to Commerce >> Accounting
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