Q285
Which of the following is not considered as Research & Development costs?
A.
Testing in search for product alternatives
B.
Legal work on patent application
AnswerC.
Modification of design of a process
D.
Searching for application of new research findings
Answer: Option B
Solution
Answer: Option B
Solution:
Legal work on patent application is not considered as Research & Development costs. Research and development (R&D) expenses are associated with the research and development of a company's goods or services.