Quiz
Ch.9 - Intangible assets-tests
Questions in this quiz (5)
1Which of the following is not development?
- AThe formulation and design of possible new or improved product or process alternatives
- BThe design, construction and operation of a pilot plant that is not of a scale economically
feasible for commercial production - CThe design, construction and testing of a chosen alternative for new/improved materials
2Which of the following are development? Choose 2.
- AThe search for product or process alternatives
- BThe design of tools, jigs, moulds and dies involving new technology
- CThe design, construction and testing of a chosen alternative for new/improved materials
- DThe formulation and design of possible new or improved product or process alternatives
3Internally generated intangible assets may not generally be capitalised
- ATrue
- BFalse
4In order to recognise an asset as an intangible asset, the entity must demonstrate its ability to use and sell the intangible asset.
- ATrue
- BFalse
5The amortisation period and amortisation method should be reviewed on 31 December each year.
- ATrue
- BFalse
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- Description
- Anar special Quiz on Ch.9 - Intangible assets-tests, created by Anar Hasanov on 27/10/2019.
- Author
- Anar Hasanov
- Language
- English
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