Question 14 Which of the following statements is FALSE? The reversal of over-estimated restructuring accrual will increase NOPBT. Compared to capitalization of R&D under IFRS, expensing all R&D costs as incurred under US GAAP will typically understate NOPBT. Over-estimation of restructuring costs will increase NOA in current year. Compared to capitalization of R&D under IFRS, expensing all R&D costs as incurred under US GAAP will overstate NOAT