According to AASB 138 on Intangible Assets,if an Entity Buys

question 68

True/False

According to AASB 138 on intangible assets,if an entity buys another entity separate values can be assigned to purchased goodwill and to a brand name.

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Definitions:

Encryption

Process of encoding data for security purposes, using software that encodes and scrambles messages.

Public Exchange

a marketplace where securities, commodities, derivatives, and other financial instruments are traded openly, with prices based on supply and demand.

E-Commerce

The buying and selling of goods and services over the internet.

E-tailing

Electronic retailing or online shopping, which is the sale of goods and services through the internet.