CERTYNEX IFRS ACADEMY

The cost worksheet for a recycling process developed by Ferrance, prepared for the 20X4 year end, contains the lines below. Which one contains an error?

Direct costs since the criteria date: 300,000, included.

Amortisation of a patent used for the process: 10,000, included.

20X3 development recognised as an expense: 90,000, added.

Overheads with no direct link to the project: 25,000, excluded.