Question 2 Flashcards

1
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What should be included in intangible assets?

A

IAS 38, definition of an intangible.
Must arise from contract or other rights.
An asset but be separable as in it can be sold, transferred or changed or rented out.
Explain this in relation to the question.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly