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IAS 38 requires the capitalization of development expenses in R&D. How does U.K. GAAP handle such development expenses? Expensed right away Permits capitalization Amortized at

IAS 38 requires the capitalization of development expenses in R&D. How does U.K. GAAP handle such development expenses?

Expensed right away
Permits capitalization
Amortized at the firm's choice
There is no specific requirement.

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