Which TWO of the following cond which it relates from being capital
Chapter1: Financial Statements And Business Decisions
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![44
FFA/FA FINANCIAL ACCOUNTING
9.8
which it relates from being capitalised?
The development is incomplete
The benefits flowing from the completed development are expected to be less than its cost
Funds are unlikely to be available to complete the development
The development is expected to give rise to more than one product
1
3
1 and 2
2 and 3
A
C
3 and 4
1 and 4
Theta Co purchased a patent on 31 December 20X3 for $250,
for ten years, after which it will be valueless.
9.9
what amou
will
Which TWO of the any part of the to --](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F45aa0c00-1610-4033-b069-1167242bdc56%2Fb0fa6838-f807-4b0d-b1da-dcaf3206afa7%2Fp2oabks_processed.jpeg&w=3840&q=75)
Transcribed Image Text:44
FFA/FA FINANCIAL ACCOUNTING
9.8
which it relates from being capitalised?
The development is incomplete
The benefits flowing from the completed development are expected to be less than its cost
Funds are unlikely to be available to complete the development
The development is expected to give rise to more than one product
1
3
1 and 2
2 and 3
A
C
3 and 4
1 and 4
Theta Co purchased a patent on 31 December 20X3 for $250,
for ten years, after which it will be valueless.
9.9
what amou
will
Which TWO of the any part of the to --
Expert Solution
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Step 1
Development expenditure is defined as the expenses incurred usually by the governmental bodies to help to increase the economic development, as the development expenditure will increase the production which will substantially increase the revenue generation.
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