Remaining Time: 3 hours, 51 minutes, 04 seconds. Question Completion Status: 2 points Save Answer QUESTION 4 A tax that is payable on profits arising when an asset (typically a non-current asset) is sold at a price in excess of its cost is known as O capital gains tax O tax base deferred tax asset None of the given answers are correct. 2 points Save Answer QUESTION 5 If an organisation had expended considerable resources developing a particular publishing title, for example, a leading novel, then while the title would be considered an identifiable intangible asset, because it had been internally developed it as an asset for financial statement purposes according to paragraph 63 of AASB 138 could not be recognised could be recognised could be revalued None of the given answers are correct. Save Al Answers See and Sub Click Save and Submit to save and submit. Click Save All Answers to save all answers. ty 12