33. A patent infringement suit may either be successful or unsuccessful. Which of the following statement is true? If the lawsuit is successful the cost of this lawsuit is expensed If the lawsuit is unsuccessful, the cost is recognized as amortization expense If the lawsuit is successful the cost is an impairment If the lawsuit is successful, the cost is capitalized
33. A patent infringement suit may either be successful or unsuccessful. Which of the following statement is true? If the lawsuit is successful the cost of this lawsuit is expensed If the lawsuit is unsuccessful, the cost is recognized as amortization expense If the lawsuit is successful the cost is an impairment If the lawsuit is successful, the cost is capitalized
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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33. A patent infringement suit may either be successful or unsuccessful. Which of the following statement is true?
If the lawsuit is successful the cost of this lawsuit is expensed
If the lawsuit is unsuccessful, the cost is recognized as amortization expense
If the lawsuit is successful the cost is an impairment
If the lawsuit is successful, the cost is capitalized
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