Intangibles

QUIZ QUESTIONS IAS 38: INTANGIBLES 1. place an impalpable plus. (1 Mark) 2. nail down an active market. (1 Mark) 3. Define research.(1 Mark) 4. Define discipline. (1 Mark) 5. When does an asset meet the identifiability measure? (1 Mark) 6. When should an impalpable asset asset asset be recognised? (1 Mark) 7. How should an intangible asset be measured initially? (1 Mark) 8. How should internally generated goodwill be accounted for? (1 mark) 9. holler both (2) of the criteria that mustiness be met if an intangible asset arising from the centering phase is to be recognised? (1 Mark) 10. To assess whether outlays internally generated intangible asset meets the criteria for course credit, an entity classifies the generation of the asset into one of two phases. arouse these phases. (1 Mark) 11. How is an internally generated intangible asset arising from the resear ch phase accounted for? (1 Mark) 12. How is an internally generated asset arising from the development phase accounted for? (1 mark) 13. Subsequent to initial recognition how is an internally generated intangible asset measured? (1 Mark) 14. Over what peak of time is an internally generated intangible asset amortised?

(1 Mark) 15. Which recognition measuring is eternally considered to be cheery when accounting for the acquisition of a separate intangible asset? (1 Mark) 16. Why is the probability criterion always considered to be satisfied when accounting for the acquis ition of a separate intangible asset? (1 Mar! k) 17. Which recognition criterion is always considered to be satisfied when accounting for the acquisition of an intangible asset in a business combination? (1 mark) 18. Name two (2) internally generated assets that argon not allowed to be recognised as intangible assets by the entity generating those assets. (1 Mark) 19. When can the revaluation model not be employ to...If you want to get a good essay, order it on our website: BestEssayCheap.com

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