Assets that could potentially meet the identifiability criteria for intangible assets include which of the following?

Select one:

a.Plays, operas and ballets

b.All of the above

c.Internet domain names

d.Franchise agreements

When an intangible asset is acquired by an exchange of assets, which of the following measures will need to be considered in the determination of the cost of the intangible asset?

Select one:

a.The carrying amount of the asset received.

b.The replacement cost of the asset received.

c.The fair value of the asset given up.

d.The initial cost of the asset given up.

The application of research findings to a plan for the production of new materials before the start of commercial production is described as:

Select one:

a.research.

b.investigation.

c.development.

d.exploration.

The characteristic that separates assets such as property, plant and equipment from intangible assets is:

Select one:

a.reliability.

b.separability.

c.lack of physical substance.

d.relevance.