The following is a list of items that could be included in the intangible assets section of the statement of financial position:

(a) Indicate which items on the list would be reported as intangible assets on the statement of financial position.

1.		An investment in a subsidiary company		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
2.		Timberland		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
3.		The cost of an engineering activity needed to advance a products design to the manufacturing stage		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
4.		A lease prepayment (six months of rent paid in advance)		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
5.		The cost of equipment obtained under a capital lease		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
6.		The cost of searching for applications for new research findings		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
7.		Costs incurred in forming a corporation		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
8.		Operating losses incurred in the start-up of a business		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
9.		Training costs incurred in the start-up of a new operation		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
10.		The purchase cost of a franchise		select an option Not Reported as Intangible AssetsReported as Intangible Assets
11.		Goodwill generated internally		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
12.		The cost of testing in the search for product alternatives		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
13.		Goodwill acquired in the purchase of a business		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
14.		The cost of developing a patent		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
15.		The cost of purchasing a patent from an inventor		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
16.		Legal costs incurred in securing a patent		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
17.		Unrecovered costs of a successful legal suit to protect a patent		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
18.		The cost of conceptual formulation of possible product alternatives		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
19.		The cost of purchasing a copyright		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
20.		Product development costs (All six development phase criteria are met.)		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
21.		Long-term receivables		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
22.		The cost of developing a trademark		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
23.		The cost of purchasing a trademark		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
24.		The cost of an annual update of payroll software		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
25.		A five-year advertising contract for rights of advertising by a top hockey player in Canada		select an option Reported as Intangible AssetsNot Reported as Intangible Assets
26.		Borrowing costs specifically identifiable with an internally developed intangible asset.