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Which of the following is not an intangible asset? Research and development costs Copyrights Organization costs Goodwill  

Accounting Mar 19, 2021

Which of the following is not an intangible asset?

    1. Research and development costs
    2. Copyrights
    3. Organization costs
    4. Goodwill

 

Expert Solution

Answer:

a .

Step-by-Step explanation

Research and development costs: It is not an intangible asset. It is an expense as incurred and also a type of operating expense.

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