According to IAS 38 Intangible Assets , which of the following conditions would preclude any part of the development expenditure from being capitalized as an intangible asset? A The development is...

1. According to IAS 38
   Intangible Assets, which of the following conditions would preclude any part of the development expenditure from being capitalized as an intangible asset?

A         The development is incomplete

B          The benefits flowing from the completed development are expected to be at least equal to its cost

C        Funds are unlikely to be available to complete the development

D         The development is expected to give rise to more than one product