Which of the following is not required to be disclosed in an entity's financial statements or accompanying footnotes?

A) the total amount of research and development costs charged to expense during the current year
B) the method used to amortize the entity's intangible assets
C) a material amount of internally developed goodwill
D) accumulated amortization on the entity's intangibles as of its year-end

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Intangible Assets

Non-physical assets that possess value due to their intellectual or legal rights and advantages (e.g., patents, trademarks).

Goodwill

An intangible asset that arises when a business is acquired for more than the fair market value of its net assets, representing the value of the business's reputation, brand, and other unquantifiable assets.