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500,000 being research related expenditure 750,000 being development related expenditure The company expensed the 750,000 development expenditure as it satisfied all of the crite of:

500,000 being research related expenditure 750,000 being development related expenditure The company expensed the 750,000 development expenditure as it satisfied all of the crite of: future economic benefits intention to complete and sell the asset adequate resources to complete and sell the asset technically feasible to complete the asset for sale reliable measuring of the expenditure. This treatment of the development expenditure was correct. True False

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