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Which statement is false concerning IFRS for intangibles? A. Goodwill may be marked to market if the acquisition occurred in an active market. B. Intangibles
Which statement is false concerning IFRS for intangibles?
A. | Goodwill may be marked to market if the acquisition occurred in an active market. | |
B. | Intangibles may be marked to market only if they are traded in an active market. | |
C. | Amortization expense on intangibles reported using the revaluation model is reported in income. | |
D. | Increases in market value of intangibles reported using the revaluation model are reported in other comprehensive income. |
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