According to the IASB's Conceptual Framework for Financial Reporting and IFRS Standards, which of the following should be recognised as an asset? Please select the right answer. $10,000 spent to develop a list of customers and their purchase preferences $25,000 spent to test a new production machine $19,000 spent to repair damage to the roof of a building after a storm $22,000 spent on an advertising campaign to launch a new product 23/25 14:01