abled: Intangible assets Under IFRS, goodwill should be tested periodically for impairment Multiple Choice At the industry segment level At the operating segment level or one level below. At the subsidiary level. For the entity as a whole. CHEETAH LICHES What are the essential features of intangible assets in line with IAS 38? Multiple Choice They must be separable from other assets, controlled by an entity and they need to provide future economic benefits. They must be measurable, identifiable and they need to provide future economic benefits. They can't have a physical substance and they need to provide future economic benefits. They must be identifiable, controlled by an entity as a result of past events and they need to provide future economic benefits