Unless Acquired Under a Business Combination,intangible Assets Must Be Initially

question 18

Multiple Choice

Unless acquired under a business combination,intangible assets must be initially measured using which of the following measurement approaches?

• A)discounted cash flows
• B)fair value
• C)net present value
• D)cost.

---

Definitions:

Reverse Innovation

The process of taking innovations developed in emerging markets and repackaging them for developed markets.

Emerging Markets

Countries with social or business activity in the process of rapid growth and industrialization, often characterized by high investment potential.

Benefit Corporation

A type of legal structure for businesses that seeks to make a positive impact on society, workers, the community, and the environment in addition to profit.

Positive Outcome

A result or effect that is beneficial, desirable, or favorable in terms of meeting objectives or expectations.