The cost of generating other internally generated intangible assets is divided which of the following phase(s)?
A) A research phase.
B) A feasibility phase.
C) A development phase.
D) A product viability phase.
E) A and B
F) A and C
G) B and D
H) A, B, and C
I) All of the above

Question

Quizplus · Accepted Answer

The cost of generating other internally generated intangible assets is divided into a research phase and a development phase. The research phase involves activities aimed at obtaining new knowledge. The development phase involves the application of research findings or other knowledge to plan or design for the production of new or substantially improved materials, devices, products, processes, systems, or services before the start of commercial production or use.

The Cost of Generating Other Internally Generated Intangible Assets Is