A newly set up dot$-$com entity has engaged you as its financial advisor. The entity has recently completed one of its highly publicized research and development projects and seeks your advice on the accuracy of the following statements made by one of its stakeholders. Which one is it$?$

$($a$)$ Costs incurred during the $$research phase$$ can be capitalized.

$($b$)$ Costs incurred during the $$development phase$$ can be capitalized if criteria such as technical feasibility of the project being established are met.

$($c$)$ Training costs of technicians used in research can be capitalized.

$($d$)$ Designing of jigs and tools qualify as research activities