Under AASB 138 Intangibles,an Intangible Asset with an Indefinite Useful

question 14

Multiple Choice

Under AASB 138 Intangibles,an intangible asset with an indefinite useful life is:

• A)not able to be recognised by an entity as an asset
• B)not subject to annual amortisation charges
• C)amortised using the straight-line method over a period of no more than 20 years
• D)amortised using the reducing balance method over a period not exceeding 5 years.

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Definitions:

Hidden Observer

A concept in hypnosis referring to an aspect of the mind that remains aware of experiences even when the conscious mind is not.

Responsiveness-Enhancing

Approaches or strategies designed to increase an individual's willingness to react or respond to stimuli or situations.

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Psychoanalytic Theory

A set of theories originating from the work of Sigmund Freud, focusing on unconscious motivations and conflicts as drivers of human behavior.