Which of the Following Assets Is Regarded as Meeting the Identifiability

question 25

Multiple Choice

Which of the following assets is regarded as meeting the identifiability criteria for recognition as an identifiable intangible asset that can be recorded as acquired in a business combination?

• A)customer base
• B)royalty agreements
• C)ongoing recruitment programs
• D)strong and favourable employee relations.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Fair Value

A reevaluation measure used to assess the worth of an asset or liability based on current market conditions, focusing on the price that would be received to sell the asset or needed to transfer the liability.

Partial Equity Method

An accounting method used for investments, wherein an investor recognizes its share of investee profits, but only to the extent of dividends received.

Equity Income

Income that an investment generates from dividends on stocks or mutual funds, indicating earnings derived from ownership interests in companies.