How Will the Costs of an Intangible Asset Being Develop

question 7

Multiple Choice

How will the costs of an intangible asset being develop internally or self-constructed be reported?

• A)As capital expenditure
• B)As research and development expenses
• C)As marketing expenses
• D)As a liability

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Definitions:

Risk Management

A process that identifies, controls, and minimizes the impact of threats, in an effort to reduce risk to manageable levels.

Controls

Measures implemented to regulate processes, systems, or environments, ensuring that activities are conducted in a consistent and secure manner.

Networks

Collections of computers, servers, mainframes, network devices, peripherals, or other devices connected to one another to allow the sharing of data.

Privilege

A collection of related computer system operations that can be performed by users of the system.