Which of the Following Assets Meets the Identifiability Criteria for Recognition

question 20

Multiple Choice

Which of the following assets meets the identifiability criteria for recognition as an identifiable intangible asset that can be recorded as acquired in a business combination?

• A) Royalty agreements.
• B) Customer base.
• C) Continuing development programs.
• D) Strong and favourable supplier relations.

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Definitions:

Pretend Play

A type of play in which children use their imagination to recreate experiences or bring created scenarios to life, often involving role-play.

Mental Acts

Processes of the mind that involve thinking, reasoning, problem-solving, and perceiving, among other cognitive activities.

Mutual Exclusivity Assumption

A principle often used in language learning, where children assume that objects have only one label or name.

Oxytocin

A pituitary hormone that stimulates labor contractions.