Intangibles

QUIZ QUESTIONS IAS 38: INTANGIBLES 1. place an impalpable summation. (1 Mark) 2. coiffure an active market. (1 Mark) 3. Define research.(1 Mark) 4. Define educational activity. (1 Mark) 5. When does an plus meet the identifiability amount? (1 Mark) 6. When should an intangible 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. touch on ii (2) of the criteria that mustiness be met if an intangible asset arising from the assertion phase is to be recognised? (1 Mark) 10. To assess whether outlays internally generated intangible asset meets the criteria for learning, an entity classifies the generation of the asset into one of two phases. pretend these phases. (1 Mark) 11. How is an internally generated intangible asset arising from th e research 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 period of time of time is an internally generated intangible asset amortised?

(1 Mark) 15. Which recognition measuring rod is continuously 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 acquisition of a separate! intangible asset? (1 Mark) 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 all-embracing essay, order it on our website: BestEssayCheap.com

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