Which of the Following Is an Intangible Asset
This agreement is only for the purchase of assets mentioned in the agreement and does not include the liabilities of the. IAS 388 Thus the three critical attributes of an intangible asset are.
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The recognition of the frequencies as an intangible is complicated by the following difficulties.
. An asset is a resource that you own or control that is expected to produce future economic value. An asset purchase agreement or APA allows a business to sell its tangible or intangible property. An identifiable non-monetary asset without physical substance.
Examples of a businesss assets include machinery equipment customer lists trademarks patents and any other valuable property. The reliable evaluation of the amount to be immobilized because of the possibility of change of fees amount in the future as well as the difficulty determining an amortization period of this asset because sometimes these frequencies can be used with licenses having different durations. The following are a few major types of assets.
An asset is a resource that is controlled by the entity as a result of past events for example purchase or self-creation and from which future economic benefits inflows of cash or other assets are expected. Tangible Assets Tangible assets are any assets that have a physical. Assets are divided into various categories for the purposes of accounting taxation and to measure the value or financial health of an entity.
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