ACC 304 All Assignments ACC 304 All Assignments | Page 225
b. Translation of research findings or other knowledge into a plan or
design for a new product or process.
c. Neither a nor b.
d. Both a and b.
60. Which of the following costs should be excluded from research
and development expense?
a. Modification of the design of a product
b. Acquisition of R & D equipment for use on a current project only
c. Cost of marketing research for a new product
d. Engineering activity required to advance the design of a product to
the manufacturing stage