In the United States expenditures for most RD are charged directly to expense Under IFRS companies recognize development costs as assets when it is likely that the resultant future economic benefits will cover the development costs Suppose you are the manager of an RD department? Which method for RD would be most consistent with the information you use for decision making? Explain.

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The RD costs are included in the companys operating expenses and are usually reflected in its income ... View the full answer