a)With reference to CSL Ltd, identify and summarise the current accounting policies relating to research and development and the development of technology generally, and the scope that this gives for the recognition of 'technology' assets (i.e., AASB 138).

b)With reference to CSL Ltd are there inconsistencies in:

a.The treatment of different types of expenditures and the recognition of 'technology' assets;

b.The treatment of expenditure incurred in developing 'technology' assets compared with other long-term assets such as property plant and equipment (i.e., AASB 116);

c)What are the consequences for the financial reports of CSL Ltd (i.e., balance sheet and income statement impact) of these inconsistencies?