Examples of Major development in a sentence
Major development that is likely to affect business, e.g. emergence of new technologies, expiry of patents, any change of accounting policy that may have a significant impact on the accounts, etc.
Major development expenditures incurred to expose the ore, increase production or extend the life of an existing mine are capitalized.
For this latter category, the emphasis is on working together to resolve issues rather than against each other.
Some components (such as the tyres) use rubber that, while from a renewable source, is problematic to recycle.
Major development costs incurred after the commencement of production are capitalized as incurred and are depreciated using the unit-of-production depreciation method based on proven and probable reserves.