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Intangible assets acquired solely from other entities or individuals should be recorded at cost at date of acquisition. Cost may not be measured by which
Intangible assets acquired solely from other entities or individuals should be recorded at cost at date of acquisition. Cost may not be measured by which of the following? | |
A. | Amount of cash disbursed. |
B. | Present value of amounts to be paid for liabilities incurred. |
C. | Fair value of other assets distributed. |
D. | Net carrying amount of the previous owner. |
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