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solve these 3mcqs mcq1: investment under IAS 40 shares (A) investment is recognized at cost (B) investment is retain in book at FMV (C) profit

solve these 3mcqs mcq1: investment under IAS 40 shares (A) investment is recognized at cost (B) investment is retain in book at FMV (C) profit on investment is recognized on sale (D) loss recognized at sales

MCQ 2: IAS 38 (A) Goodwill is classified as PPE (B) Goodwill is depreciated (C) Goodwill is amortized (D) Good will generate revenue

MCQ 3: under IAS 38 (A) intangible assets are PPE (B) cannot be generate internally (C) patents are generated internally (D) have to be paid heavily

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