According to AASB 138,an Intangible Asset Is Identifiable If It

question 22

Multiple Choice

According to AASB 138,an intangible asset is identifiable if it either:

• A)is separable or arises from contractual or legal rights
• B)owned by the entity or arises from contractual or legal rights
• C)is separable or is owned by the entity
• D)none of the above

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Definitions:

Early Majority

A segment of adopters in the diffusion of innovations theory that represents those who adopt a new technology or idea after a tentative initial period.

Early Adopters

The first individuals to use or adopt a new product, technology, or innovation, often influencing others in their social circles.

Crossing The Chasm

A marketing theory that describes the challenge of transitioning from early adopters to a broader mainstream customer base.

Saboteurs

Individuals or groups that engage in sabotage, intentionally destroying, damaging, or obstructing something, often for political or personal reasons.