Question
From an accounting perspective of AASB 138, expenditure on development under intangible asset category is: Select one: a. Regarded as a contingent asset and not
From an accounting perspective of AASB 138, expenditure on development under intangible asset category is:
Select one:
a.
Regarded as a contingent asset and not capitalized.
b.
Capitalized as an intangible asset.
c.
Expensed as incurred.
d.
Recognized directly as a part of equity.
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
9th Edition
9781119754053
