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pls really need help asap IAS 38 Intangible assets outlines the recognition criteria for an intangible assets, Which of the following statements must be met
pls really need help asap
IAS 38 Intangible assets outlines the recognition criteria for an intangible assets, Which of the following statements must be met in order to recognise an intangible asset on the statement of financial position?
(1) The asset's cost must be measured reliably
(2) The asset must be identifiable
(3) Probable future economic benefits will flow to the company
(4) The asset must have a finit economic life
1, 2 and 4 only |
All mentioned above |
1 and 2 only |
1, 2 and 3 only |
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