Question 11 1 pts Development costs may be capitalized if: All of the criteria must be met. They relate to a clearly identifiable product. The product is technically feasible. The entity has sufficient resources to complete the project. Question 12 1 pts The presentation of intangible assets in the financial statements: Should include disclosure of the amount of amortization in the period. Includes R &D costs. Involves the use of a contra-asset account. Is the same as the presentation of property, plant, and equipment. OO