In general,companies don't report R&D costs as assets on their balance sheets.

Question

Quizplus · Accepted Answer

R&D costs are typically expensed as incurred rather than recorded as assets on the balance sheet, except in very limited circumstances where the expenses meet specific criteria outlined in accounting standards. This is because it is difficult to determine the future economic benefits of R&D expenditures, making it challenging to measure their value as assets.

In General,companies Don't Report R&D Costs as Assets on Their