The Following Costs Are Incurred During the Research and Development

question 136

Multiple Choice

The following costs are incurred during the research and development phases of a laser bone scanner Identify which of these are development phase items and will be immediately expensed underU.S. GAAP and IFRS.U.S. GAAP IFRS

• A) $1,200,000 $1,200,000
• B) 2,400,000 1,400,000
• C) 2,400,000 3,400,000
• D) 3,400,000 3,400,000