Regarding research and development $($R&D$)$ expenditures, under IAS $38,$ R&D costs must be disclosed. Pick the best statement.

Regarding research and development $($R&D$)$ expenditures, under IAS $38,$ R&D costs must be disclosed. Pick the best statement.

According to IFRS $($Specifically $($IAS $38),$ R&D expenditures can NEVER be capitalized.

Certain R&D expenditures can be capitalized. If the development costs are capitalized, the company must disclose the amortization method and rates used.

R&D expenditures do NOT affect the income statement but are adjustments to equity.

R&D expenditures include typical expenditures for research but also for marketing and distributions.

All of the above are wrong.