Difference between revisions of "Research and development"
(Created page with "Research and development is generating and experimenting with ideas related to new products, services, or processes. ==Definitions== According to Cost Accounting by Hor...") |
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Research and development]]. Generating and experimenting with ideas related to new products, services, or processes. | :[[Research and development]]. Generating and experimenting with ideas related to new products, services, or processes. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Research and development]] ([[R&D]]). Researching and developing new or improved products or services or the processes for producing them. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Revision as of 18:38, 16 July 2020
Research and development is generating and experimenting with ideas related to new products, services, or processes.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Research and development. Generating and experimenting with ideas related to new products, services, or processes.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Research and development (R&D). Researching and developing new or improved products or services or the processes for producing them.
