IAS 38 Requires the Capitalization of Development Expenses in R&D

question 35

Multiple Choice

IAS 38 requires the capitalization of development expenses in R&D.How does U.K.GAAP handle such development expenses?

• A)Expensed right away
• B)Permits capitalization
• C)Amortized at the firm's choice
• D)There is no specific requirement.

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