For an Asset to Be Classified as an Identifiable Intangible

question 14

Multiple Choice

For an asset to be classified as an identifiable intangible, IAS 38 Intangibles requires that it meet which of the following criteria?
I) It arises from a contractual or legal right.
II) Its fair value must be able to be reliably measured.
III) It is separable from the entity.
IV) Its cost must reliably measurable.

• A) I or IV only;
• B) I or II only;
• C) II or III only;
• D) I or III only.

---

Definitions:

Graduation

The act of completing a course of study at an educational institution, often marked by a ceremony to recognize academic achievement.

Developing

The process of growing, expanding, or improving something, often used in the context of personal skills, business expansion, or software development.

Job Opportunities

Positions or roles available within companies that are open for application or recruitment.

Online Job Boards

Websites that list job openings and may allow users to post resumes and apply for positions.