Question

51.
(d) Writing of the expenses
Which of the following statement with regard
to accounting for goodwill an other
intangible is not correct?
(a) Impairment written off in respect of an
intangible can be corrected when
circumstance change
(b) The cost of an intangible asset with
indefinite life must be regularly reviewed
(C) Amortisation is the name given to
deprection of an intangible asset
(d) An amount expensed can be added back
to cost when the intangible meets assets
recognition criteria
Resources of non profit organisation's
52​

Answer 1

Answer:

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