Which of the Following Statements Is False

question 27

Multiple Choice

Which of the following statements is false?

• A) For an "intangible" asset to be recognized, there must be a probability of it generating future economic benefit and be capable of being measured
• B) Research expenditure may be treated as capital expenditure
• C) Development expenditure may be treated as capital expenditure
• D) Internally generated intangibles, such as brands, should not be capitalized