Please answer all of these

1. Which of the following statements correctly describes the derecognition of intangible assets under IFRS?

a) Any gain or loss on derecognition is recorded as part of other comprehensive income.

b) only finite-life intangible assets are derecognized

c) intangible assets are deerecognized only upon sale

d) Any gain or loss on derecognition is calculated as the difference between the net proceeds on disposal and carrying value of the asset.

2) Which of the following is a required disclosure for intangible assets under IAS 38?

a)The amortization method used for intangible assets with finite and indefinite lives

b) whether useful lives are finite or indefinite

c) the date when the development phase was considered to have begun

d) For an asset with a finite useful life, the carrying amount and reasons supporting the assessment of finite useful life

3. Which of the following statements correctly describes the required accounting for intangible assets for entities that report using the ASPE framework?

a) All intangible assets are considered finite-life intangible assets under ASPE.

b)ASPE does not require intangible assets to be tested for impairment.

c) ASPE allows an entity the choice to either capitalize or expense development costs.

d) ASPE allows research costs to be capitalized if they meet capitalization criteria.

4. Which of the following statements correctly describes testing for impairment of intangible assets under IFRS?

a) The impairment loss is equal to the recoverable amount less the carrying amount.

b) The indicators of impairment that apply to property, plant, and equipment also apply to intangible assets.

c) Finite future life intangible assets must be tested annually for impairment.

d) The recoverable amount is calculated as the higher of carrying value and the fair value less costs to sell.