Which of the intangibles named below is the only one which may be capitalised, at least initially,

Question:

Which of the intangibles named below is the only one which may be capitalised, at least initially, though (i) it is not separable, (ii) there is no active market in it and (iii) flow of economic benefit from it is not probable?
(a) Home-grown goodwill
(b) Separately acquired brand
(c) Goodwill acquired with a business
(d) Government-granted intangible

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

Question Posted: