Difference between revisions of "Research and development"

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[[Research and development]] is generating and experimenting with ideas related to new products, services, or processes.
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[[Research and development]] (alternatively known as [[R&D]]) is generating and experimenting with ideas related to new products, services, or processes.
  
 
==Definitions==
 
==Definitions==
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
 
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.
 
:[[Research and development]] ([[R&D]]). Researching and developing new or improved products or services or the processes for producing them.
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According to the [[Strategic Management by David and David (15th edition)]],
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:[[Research and development]]. Monies spent by firms to enhance existing products/services and/or create new and improved ones.
  
[[Category: Accounting]][[Category:Articles]]
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==See also==
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===Related lectures===
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:*[[What Cloud Next Is]].
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[[Category: CNM Cyber Orientation]][[Category: Accounting]][[Category: Articles]][[Category: Strategic Management]]

Latest revision as of 18:33, 13 October 2020

Research and development (alternatively known as R&D) 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.

According to the Strategic Management by David and David (15th edition),

Research and development. Monies spent by firms to enhance existing products/services and/or create new and improved ones.

See also

Related lectures