CFA Mock Afternoon Q61: IFRS R&D cost research, criteria, correct, advice

tarik64

I’m confused with the ans explanation. It states that “IFRS R&D are expensed until certain criteria is met”
but from what i gathered from Schweser notes:
1. IFRS research: expensed
2. IFRS development: capitalized
3. s/w for sale before feasibility: expensed
4. s/w for sale after feasibility: capitalized
is my understanding correct ? pls advice. thanks !