Question: Agro - World Technologies Inc. incurred $ 1 , 0 0 0 , 0 0 0 to construct a pilot plant to study the feasibility

Agro

-

World Technologies Inc. incurred $

1, 000, 000

to construct a pilot plant to study the feasibility of building agricultural machinery more inexpensively for emerging economies. How would this cost be classified under IAS

38 (

intangible Assets

) ?

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