Capitalized costs incurred while developing computer software to be sold should be amortized using the:
a. lower of the straight-line method or the percent-of-revenue method.
b. higher of the percent-of-revenue method or the percent-of-completion method.
c. lower of the percent-of-revenue method or the percent-of-completion method.
d. higher of the straight-line method or the percent-of-revenue method.
Answer: d. higher of the straight-line method or the percent-of-revenue method.
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