An Intangible Asset Is Recognized If, and Only If, Which

Multiple Choice

An intangible asset is recognized if, and only if, which of the following key criteria are met?

A) It is probable that there will be future economic benefits from the asset to the entity.
B) The cost of the asset can be measured reliably.
C) The asset's fair value can be determined.
D) A and B
E) A and C
F) B and C