Which of the Following Expenses Are Likely to Satisfy the Definition

question 14

Multiple Choice

Which of the following expenses are likely to satisfy the definition of an asset,and hence may be capitalised as an intangible asset?

• A) Expenses incurred to develop a brand name;
• B) Advertising expenses
• C) Research expenses
• D) None of the given answers.
• E) All of the given answers.

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Definitions:

Organizational Needs

The requirements essential for an organization to maintain and enhance its operations, achieving its short and long-term goals.

Long-term HR Priorities

Refers to the strategic objectives and goals a human resources department sets for achieving growth and success over an extended period.

HR Surpluses

A situation where the number of employees exceeds the number of positions available within an organization, leading to potential layoffs or reassignments.

HR Shortages

Occurs when there is a lack of available personnel within the organization or labor market to meet the organizational demands for workforce skills and talents.