A company incurred the following expenditures (in € millions) to internally develop an intangible asset:
- Costs during the research phase: 900
- Costs during the development phase: 600
If the recognition criteria for an intangible asset are met, the maximum amount of capitalized costs (in € millions) is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
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A company incurred the following expenditures (in € millions) to internally develop an intangible asset:
Costs during the research phase: 900
Costs during the development phase: 600
If the recognition criteria for an intangible asset are met, the maximum amount of capitalized costs (in € millions) is: