CERTYNEX IFRS ACADEMY

Corvane's internal auditor's working paper on the acquisition of payroll software contains the following conclusions. Which one is wrong?

The fees of the contractor in charge of testing before going live were included in cost: correct treatment.

The administrative costs of the accounting department allocated to the project were included in cost: correct treatment.

The VAT invoiced, which was fully recovered, was excluded from cost: correct treatment.

The operating loss recorded in the first month after going live was expensed: correct treatment.