In Order to Determine Whether or Not Expenditure Should Be

question 3

Multiple Choice

In order to determine whether or not expenditure should be treated as an intangible asset,the relevant test to apply is:

• A)It should be recognised when (a) it is definite that future economic benefits will eventuate or (b) the asset possesses a cost or other value that can be measured reliably.
• B)It should be recognised if (a) the expenditure is with an external party in an arm's length transaction for a separately identifiable intangible asset or (b) the intangible asset arises as the difference between the net tangible assets of an entity and the price paid for that entity.
• C)It should be recognised if (a) it is part of a specified plan by management to develop and maintain a separately identifiable asset or (b) the intangible asset was purchased in an arm's length transaction and is actively traded in a market.
• D)It should be recognised when and only when (a) it is probable that future economic benefits will eventuate and (b) the asset possesses a cost or other value that can be measured reliably.

Grasp the relationship between alternative work arrangements and employee productivity, satisfaction, and work-life balance.

Understand Maslow's hierarchy of needs and its relevance to employee motivation and satisfaction.

Differentiate between lower-order and higher-order needs as proposed by Maslow and their implications in the workplace.

Recognize the principles underlying Maslow's theory, including the progression and deficit principles.

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Definitions:

Aggregate Planning

A marketing activity that ensures supply meets demand by adjusting production rates, workforce levels, and inventory stock.

Overtime

Additional time worked by employees beyond their standard hours, often compensated at a higher pay rate.

Subcontracting

The practice of assigning or outsourcing part of the obligations and tasks under a contract to another party known as a subcontractor.

Stockouts

Instances when items are not available for sale due to insufficient stock.