When an Intangible Asset Is Acquired by an Exchange of Assets,which

question 10

Multiple Choice

When an intangible asset is acquired by an exchange of assets,which of the following measures will need to be considered in the determination of that cost?

• A)The fair value of the asset given up.
• B)The initial cost of the asset given up.
• C)The carrying amount of the asset received.
• D)The replacement cost of the asset received.

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Definitions:

Shouts

Vocal expressions that are loud and often convey strong emotion or are used to attract attention.

Angry

An emotional state characterized by feelings of displeasure, irritation, or hostility.

Target Influence

The act of directing persuasive efforts towards a specific individual or group in order to change their beliefs or behaviors.

Aggression

Behavior intended to harm or hurt another person either physically or psychologically.