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AASB 138 Intangibles, Requires Goodwill to Only Be Recognised as an Asset

Question 17

Multiple Choice

AASB 138 Intangibles, requires goodwill to only be recognised as an asset if it:


A) is internally generated.
B) is acquired as part of a business combination.
C) does not exceed its internally recorded cost.
D) arises as a result of creating new assets within the normal business operations.

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