Intangible Assets F20-20b

Name some item excluded from research and development cost.

  1. Engineering follow-through.
  2. Quality control and routine testing.
  3. Troubleshooting.
  4. Adaptation of an existing capability, to a particular customer’s needs.
  5. Routine design of tools, jigs, molds and dies.
  6. Legal work in connection with patent applications.
  7. Software development costs.