Which of the following is false regarding start-up costs? Select one: O a. GAAP requires that the costs of start-up activities be expensed as incurred. O b. Start-up costs include initiating a new process in an existing facility. Oc. Due to conservatism, start-up costs are recorded similarly to R&D costs due to the high level of certainty with regard to the amount and timing of any future benefits relating to these costs. Od. Start-up costs include organization costs associated with forming a new company.