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An Intangible Shall Be Recognised If,and Only If

Question 5

Multiple Choice

An intangible shall be recognised if,and only if:


A) it is possible that the expected future economic benefits that are attributable to the asset will flow to the entity and the cost of the asset can be measured reliably
B) it is possible that the expected future economic benefits that are attributable to the asset will flow to the entity and the cost of the asset cannot be measured reliably
C) it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the cost of the asset cannot be measured reliably
D) it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the cost of the asset can be measured reliably

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