For IAS38 Which of the Following Is NOT Required for Development

question 6

Multiple Choice

For IAS38 which of the following is NOT required for development expenditure to lead to an intangible asset?

• A)technical feasibility of completing saleable output.
• B)the intention to complete saleable output.
• C)the ability to sell the saleable output.
• D)existing customers for the saleable output.

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Definitions:

Relationship Conflict

Interpersonal discord arising from differences in values, personalities, or interests among members of a group or team.

Process Conflict

involves disagreements about the methodology or process of work execution, differing from content conflict which relates to the work itself.

Fluency

The ease and smoothness of communication, often referring to language proficiency, but can also apply to the seamless interaction within teams and systems.

Flexibility

The ability to adapt to new, different, or changing requirements and situations with ease.