Question
Which one of the following is a FALSE statement for an intangible asset? a.Research costs cannot be capitalized. b.An internally-generated brand cannot be capitalized. c.Development
Which one of the following is a FALSE statement for an intangible asset?
a.Research costs cannot be capitalized.
b.An internally-generated brand cannot be capitalized.
c.Development cost associated with a technically feasible project cannot be capitalized.
d.Goodwill (other than the one acquired in a business combination) cannot be capitalized.
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Auditing And Financial Management Federal Information System Controls Audit Manual
Authors: U.S. Government Accountability Office
1st Edition
1289168172, 978-1289168179
