Which of the following are reasons for writing off research and development costs as expenses?

(a) Poor co-relation between costs and delayed flow of economic benefit

(b) It may not always be probable that there will be a flow of future economic benefit

(c) To keep the cost of development a secret from rival companies

(d) Otherwise the liquidity of the company could be at peril

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wa, c & d x b, c & d y All four a, b & d z