Multiple Choice
Under AASB 138 Intangible Assets,an intangible asset with an indefinite useful life is:
A) not able to be recognised 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.
Correct Answer:
Verified
Correct Answer:
Verified
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