Identify (in accordance with FASB Statement No. 2 ) each of the following activi

ID: 2371307 • Letter: I

Question

Identify (in accordance with FASB Statement No. 2) each of the following activities as:

a. Research and development

b. Not research and development

____ 1. Testing in search for, or evaluation of, product or process alternatives.

____ 2. Cost of marketing research to promote new product.

____ 3. Adaptation of an existing capability to a particular requirement or customer's need.

____ 4. Design, construction, and testing of pre-production prototypes and models.

____ 5. Routine, on-going efforts to refine, enrich, or improve the qualities of an existing product.

____ 6. Engineering activity required to advance the design of a product to the manufacturing stage.

____ 7. Searching for applications of new research findings.

____ 8. Laboratory research aimed at discovery of new knowledge.

____ 9. Conceptual formulation and design of possible product or process alternatives.

____ 10. Trouble-shooting break-downs during production.

____ 11. Periodic design changes to existing products.

____ 12. Quality control during commercial production including routine testing.

____ 13. Costs of testing prototype and design modifications.

____ 14. Engineering follow-through in an early phase of production.

____ 15. Design, construction, and operation of a pilot plant not useful for commercial production.

1.R&D

2. not R&D

3. not R&D

4. R&D

5. R&D

6.R&D

7.not R&D

8.R&D

9.R&D

10.not R&D

11. R&D

12. not R&D

13. not R&D

14. R&D

15. not R&D

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