Question
How are internally generated R&D activities treated under GAAP and IFRS? a. R&D is expensed under both U.S. GAAP and IFRS. b. Research is expensed,
How are internally generated R&D activities treated under GAAP and IFRS?
| a. | R&D is expensed under both U.S. GAAP and IFRS. | |
| b. | Research is expensed, and development is capitalized under both U.S. GAAP and IFRS. | |
| c. | R&D is expensed under U.S. GAAP, while research is expensed, and development is capitalized under IFRS. | |
| d. | R&D is capitalized under both U.S. GAAP and IFRS. |
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Managing Finance A Socially Responsible Approach
Authors: D. Crowther
1st Edition
0750661011, 978-0750661010
