Which Statement Is Correct? Under the Current Accounting Standards Applying

Multiple Choice

Which statement is correct? Under the current accounting standards applying to intangible assets:

A) no internally developed intangible assets should be recognised in the accounts
B) all internally developed intangible assets should be recognised in the accounts
C) some internally developed intangible assets should be recognised in the accounts
D) only goodwill developed internally should not be recognised in the accounts