Which of the following is not true about the small and medium sized companies standard:...
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Accounting
Which of the following is not true about the small and medium sized companies standard: a) Borrowing costs are expensed when incurred. b) Goodwill has a finite life term and is amortized. c) R&D costs are capitalized even the certain criteria are met. d) Any company may use IFRS for SMEs as it is simpler than the full set of standards.
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