Periodic alterations to existing products are an example of research and development costs.

Name: Periodic alterations to existing products are an example of research and development costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Periodic alterations to existing products are typically considered as part of ongoing product improvement or maintenance, not research and development (R&D) costs, which are generally associated with the development of new products or technologies.

Periodic Alterations to Existing Products Are an Example of Research