Question: Ex6: Section 4.2.3. Intangible asset - Self-creation, Skill: Basic Costs generally incurred by a newly established entity include: (a) Preopening costs of a business facility

 Ex6: Section 4.2.3. Intangible asset - Self-creation, Skill: Basic Costs generally

Ex6: Section 4.2.3. Intangible asset - Self-creation, Skill: Basic Costs generally incurred by a newly established entity include: (a) Preopening costs of a business facility (b) Recipes, secret formulas, models and designs, prototype (c) Training, customer loyalty, and market share (d) An in-house-generated accounting software-not for sale. (e) The design of a pilot plan (f) Licensing, royalty, and stand-still agreements (g) Operating and broadcast rights (h) Goodwill purchased in a business combination (i) A company-developed patented drug approved for medical use (j) A license to manufacture a steroid by means of a government grant (k) Cost of courses taken by management in quality engineering management (1) A television advertisement that will stimulate the sales in the technology industry Required Which of the above items is a cost that is eligible for capitalization as an intangible asset? Ex6: Section 4.2.3. Intangible asset - Self-creation, Skill: Basic Costs generally incurred by a newly established entity include: (a) Preopening costs of a business facility (b) Recipes, secret formulas, models and designs, prototype (c) Training, customer loyalty, and market share (d) An in-house-generated accounting software-not for sale. (e) The design of a pilot plan (f) Licensing, royalty, and stand-still agreements (g) Operating and broadcast rights (h) Goodwill purchased in a business combination (i) A company-developed patented drug approved for medical use (j) A license to manufacture a steroid by means of a government grant (k) Cost of courses taken by management in quality engineering management (1) A television advertisement that will stimulate the sales in the technology industry Required Which of the above items is a cost that is eligible for capitalization as an intangible asset

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