How we at Bookkeeping Support Define the Meaning of Research and development expenses:
R&D expenses are costs for creating and improving products or processes through research, experimentation, and development to stay competitive in the market.
How AI Define the Meaning of Research and development expenses:
Research and development (R&D) expenses are the costs incurred by a company to create new products or improve existing ones through activities such as research and development of new products or processes.