In Order for a Tangible Asset to Be Recognised by an Acquirer

question 11

Multiple Choice

In order for a tangible asset to be recognised by an acquirer under a business combination it must be probable that future economic benefits will flow to the acquirer and:

• A) its fair value can be measured reliably
• B) it must be a non-current item
• C) it must be measured using the present value method
• D)it may not be a non-monetary asset.

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Definitions:

Behaviourally Anchored Rating Scale

A performance appraisal method that rates employees based on specific behaviors as indicators of various levels of performance.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.

Actual Behaviours

Actions and conduct exhibited by individuals in real-life settings.

Critical-Incident Technique

A method used to collect direct observations of human behavior that significantly contribute to an aspect of performance.