As Defined by IAS 38,how Are Intangible Assets Unlike Other

question 12

Multiple Choice

As defined by IAS 38,how are intangible assets unlike other assets?

• A)They must have arisen from past events.
• B)Their value cannot be reasonably measured.
• C)They must be controlled by the enterprise.
• D)They are non-monetary and lack physical substance.

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Definitions:

Perceptions

The process of interpreting sensory information to construct an understanding of the environment or situations, influenced by an individual's experiences and biases.

Emotions

are psychological states that reflect feelings, physiological changes, and behaviors in response to stimuli.

Decision Alternatives

The various options or courses of action available to a decision-maker in a decision-making process.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future conditions or business environments.