Which of the following is not a component of the cost of an internally generated intangible asset:
Question:
Which of the following is not a component of the cost of an internally generated intangible asset:
A. The salaries and wages of the security staff
B. Any expenditure that is directly attributable to generate the asset
C. Overheads that are necessary to generate the asset
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
A The sal...View the full answer
Answered By
Daniel Kimutai
I am a competent academic expert who delivers excellent writing content from various subjects that pertain to academics. It includes Electronics engineering, History, Economics, Government, Management, IT, Religion, English, Psychology, Sociology, among others. By using Grammarly and Turnitin tools, I make sure that the writing content is original and delivered in time. For seven years, I have worked as a freelance writer, and many scholars have achieved their career dreams through my assistance.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
The following questions are adapted from a variety of sources including questions developed by the AICPA Board of Examiners and those used in the Kaplan CPA Review Course to study property, plant,...
-
1. Under GASB standards, which of the following would be considered an example of an intangible asset? a. A lake located on city property. b. Water rights associated with the springs that supply the...
-
The following summarized statement of profit or loss has been extracted from the financial statements of Gwembe Mining Corporation, a Zambian resident company which engaged in open cast mining...
-
The statement of cash flows provides a list of all the cash inflows and cash outflows during the reporting period. To make the list more informative, the cash flows are classified according to the...
-
Some research shows that the price of stock is likely to fall in the days leading up to the fixing of the exercise price for employee stock options. It is suggested that the price decreases are the...
-
A 1-kg cart and a 2-kg cart are held together with a coupler that contains a small charge. The charge is exploded and sends the \(1-\mathrm{kg}\) cart rolling away at \(+4.0 \mathrm{~m} /...
-
The comparative balance sheet of Del Ray Enterprises Inc. at December 31, 2016 and 2015, is as follows Additional data obtained from the income statement and from an examination of the accounts in...
-
Question 11pts The APRN unit director is working at an agency that has a high incidence of medication errors, specifically with heparin. One recent error had a patient receive twice the prescribed...
-
Profit manipulation often involves : A. Contingent liability B. Contingent assets C. Provision
-
Amortisation changes for a period are recorded : A. As an exceptional item B. Only in the profit and loss account C. In the profit and loss account, or as part of the cost of another asset (such as...
-
Explain the idea of value-based management and how shareholder value relates to the interaction between product and capital markets
-
Using the weighted procedure methodof setting rates, calculate the relativevalueand cost per procedure for the following lab procedures, givenatotal labcostof $1.25 million andanaverage hourly lab...
-
1. Consider how you can apply a theory or theoretical concepts discussed in this class to a real-world situation How does this theory help you to better understand some situation or phenomena? How...
-
Hackett Homes constructed a new subdivision during 2023 and 2024 for $2,900,000. Relevant data are summarized below: 2023 2024 Actual costs incurred $930,000 $810,000 Gross profit $0 $1,160,000...
-
a. As the financial consultant of Explicit Investment Company, you have been asked to advice a group of companies in the various stages of the life cycle (startups, growing, matured firms) seeking...
-
Q2 (a) Maintenance cost for CNC Milling machine was RM 10,000 in year 1 through 3 and RM 20,000 in year 4 through 9. Determine the present worth at an interest rate of 4.5 % per year. (20 marks) Q2...
-
A financial adviser claims that a particular stock earned a total return of 10 percent last year. During the year the stock price rose from $30 to $32.50. What dividend did the stock pay?
-
Determine the volume of the parallelepiped of Fig. 3.25 when (a) P = 4i 3j + 2k, Q = 2i 5j + k, and S = 7i + j k, (b) P = 5i j + 6k, Q = 2i + 3j + k, and S = 3i 2j + 4k. P
-
Betty, a married taxpayer, makes the following gifts during the current year (2017): $20,000 to her church, $50,000 to her daughter, and $40,000 to her husband. What is the amount of Bettys taxable...
-
Clay, who was single, died in 2017 and has a gross estate valued at $8,500,000. Six months after his death, the gross assets are valued at $9,000,000. The estate incurs funeral and administration...
-
a. Keith Thomas and Thomas Brooks began a new consulting business on January 1, 2017. They organized the business as a C corporation, KT, Inc. During 2017, the corporation was successful and...
-
Annual credit sales of Nadak Company total $325.6 million. The firm gives a 1.25% cash discount for payment within 10 days of the invoice date; 85% of Nadak's accounts receivable are paid within the...
-
The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of...
-
Larned Corporation recorded the following transactions for the just completed month. a. $86,000 in raw materials were purchased on account. b. $84,000 in raw materials were used in production. Of...
Study smarter with the SolutionInn App