Which of the following is a criterion for capitalization of costs incurred to fulfill a contract with a customer? The costs would have been incurred whether or not the contract was obtained.
Which of the following is a criterion for capitalization of costs incurred to fulfill a contract with a customer?
The costs would have been incurred whether or not the contract was obtained.
The costs must be related to a satisfied performance obligation.
The costs relate to any future contract.
The costs generate or enhance resources of the entity that will be used in satisfying performance obligations in the future.
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