INITIAL FEASIBILITY STUDIES

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June 2, 2020 at 7:47 pm #572612
momemsa
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Hi Sir,

Are Initial Feasibility Studies incurred to possibly improve production process Capitalised As Development Cost or Is accounted As Research Expenditure ?
June 4, 2020 at 10:48 am #572844
P2-D2
Keymaster
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Hi,

No they are expensed as there is no guarantee that they will give any economic benefit.

Thanks
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