Question: From an accounting perspective, expenditure on development is: Select one: a. regarded as a contingent asset and not capitalised. b. recognised directly as a part

From an accounting perspective, expenditure on development is:

Select one:

a. regarded as a contingent asset and not capitalised.

b. recognised directly as a part of equity.

c. capitalised as an intangible asset.

d. expensed as incurred.

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