During an Acquisition, When Should Intangible Assets NOT Be Recognized

question 55

Multiple Choice

During an acquisition, when should intangible assets NOT be recognized apart from Goodwill?

• A) The assets have been identified but not accounted for by the subsidiary.
• B) The assets have been identified and accounted for by the subsidiary.
• C) The assets can be sold, licensed or exchanged.
• D) The assets have been accounted for by the subsidiary but have no Fair Value on the date of acquisition.

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Definitions:

Greater Autonomy

The increased independence and freedom to make decisions without external control, often leading to higher job satisfaction and productivity.

Absenteeism

The habitual non-presence of an employee at their job, which can be a sign of workplace issues such as dissatisfaction or health problems.

Tardiness

The quality or fact of being late; delay in arrival or performance compared to expected or scheduled time.

Contingency Workers

Workers employed on a non-permanent basis, such as freelancers, consultants, or contract workers, often without the same job security and benefits as full-time employees.