Multiple Choice
Examples of expenditures that are not part of the cost of an intangible asset include:
A) costs of testing that the asset is functioning properly
B) costs of employee benefits arising directly from bringing the asset to its working condition
C) costs of conducting business in a new location or with a new class of customer
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Techniques to be used to estimate the
Q13: The factors considered in determining the useful
Q14: Which of the following statements regarding AASB
Q15: Identify the tests contained in AASB 138
Q16: Which of the following is not included
Q18: The future economic benefits expected,or hoped,to arise
Q19: Examples of intangible assets include:<br>A)intellectual property<br>B)customer lists<br>C)trademarks<br>D)all
Q20: Discuss the cost and revaluation models under
Q21: Original and planned investigation undertaken with the
Q22: According to AASB 138,an intangible asset is