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Under IAS 38 Intangibles, an Intangible Asset with an Indefinite

Question 17

Multiple Choice

Under IAS 38 Intangibles, an intangible asset with an indefinite useful life is:


A) not able to be recognised by an entity as an asset;
B) not subject to annual amortisation charges;
C) amortised using the straight-line method over a period of no more than 20 years;
D) amortised using the reducing balance method over a period not exceeding 5 years.

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