Most of the costs associated with internally developed intangible assets are recorded as intangible assets on the balance sheet.

Name: Most of the costs associated with internally developed intangible assets are recorded as intangible assets on the balance sheet.
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Most costs associated with internally developed intangible assets, such as research and development costs, are typically expensed as incurred and not capitalized as intangible assets on the balance sheet.

Most of the Costs Associated with Internally Developed Intangible Assets