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(10 Marks) III) The Financial Manager of Hull Pic needs your advice on IAS 38. You are required to explain why it is necessary to
(10 Marks) III) The Financial Manager of Hull Pic needs your advice on IAS 38. You are required to explain why it is necessary to distinguish between research and development expenditure and how this distinction affects the accounting treatment. (8 Marks) AF6500-BLFA_UG_Coursework Page 3 of 4
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