Question: How does the accounting and reporting for crypto assets differ from ocher indefinite life intangible assets? There is an active market for these assets, so
How does the accounting and reporting for crypto assets differ from ocher indefinite life intangible assets?
There is an active market for these assets, so they are reported at fair value rather than cost.
The accourling and reporting for crypto assets do not offler from other indefinite life intangibles.
They are amortited and impairment tested annualy.
They are not subject to amortization or imparment testinc.
None is correct.
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