Suppose a Company Has Research Costs of $100,000 and Development

question 39

Multiple Choice

Suppose a company has research costs of $100,000 and development costs of $200,000 for the year.Under IFRS,what amount would be reported as an expense in the current year's income statement?

• A)$100,000.
• B)$150,000.
• C)$200,000.
• D)$300,000.