Question 19 1 points SAVE ANSWER AASB 138 requires that an intangible asset with a finite life is: to be amortised over its useful life O subject to impairment review annually O to be amortised over a period of no more than 20 years subject to impairment review every 3 years A Question 29 1 points SAVE ANSWER When an impaired asset is carried at a revalued amount using the revaluation model in accordance with AASB 116, the impairment loss is: not to be recognised O recognised immediately as an expense O treated in the same way as a revaluation decrease treated in the same way as a revaluation increase