Under IFRS, Which of the Following Assets Need Not Be

question 12

Multiple Choice

Under IFRS, which of the following assets need not be disclosed separately on the face of the financial statements?

• A) Goodwill
• B) Investment Property
• C) Biological Assets
• D) Trademarks

---

Definitions:

Biased

Demonstrating or exhibiting unfair or prejudiced perspectives, often leading to partial judgments or decisions.

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, representing the rate at which the net present value of costs equals the net present value of benefits.

Discount Rate

In the context of discounted cash flow analysis, this rate helps in assessing the present value of future cash flows.

Profitability Index

A calculation that determines the relative profitability of an investment by dividing the present value of future cash flows by the initial investment cost.