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QUESTION 5 Which of the following statements is correct with respect to the concept of identifiability of intangible assets: An intangible asset is identifiable if
QUESTION 5 Which of the following statements is correct with respect to the concept of "identifiability" of intangible assets: An intangible asset is identifiable if it is capable of being sold, transferred, rented or exchanged; Goodwill is generally an unidentifiable intangible asset. Identifiable intangible assets can be recognised as assets on the balance sheet if they have been externally acquired. All of the above
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