Question: Which statement is correct? A. Research is original or planned investigation to gather new knowledge or understanding. B. Research activities must be technically feasible as

Which statement is correct?

A. Research is original or planned investigation to gather new knowledge or understanding.

B. Research activities must be technically feasible as well as commercially viable.

C. Under IFRS all research costs can be either capitalized or expensed.

D. Research is application of findings or knowledge towards new plans, designs or products.

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