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According to International Financial Reporting Standards, which of the following costs are normally expensed in the year incurred, regardless of the expected economic benefit? Group
According to International Financial Reporting Standards, which of the following costs are normally expensed in the year incurred, regardless of the expected economic benefit?
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Goodwill created as a result of a business combination.
Software development costs to achieve technological feasibility.
A patent acquired from a third party.
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