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    © All Rights Reserved
    Download as PDF or read online from Scribd
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    136 views9 pages

    Trắc nghiệm Topic5

    Uploaded by

    Phương Trang

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 9
    cau Hoi 1 Hoan thin Bat diém 1,00 trén 1,00 yp Bate According to IAS 38 Intangible assets, which of the following are intangible non-current assets in the accounts of Ita Co? 1. Apatent for a new glue purchased for $20,000 by Ita Co; 2. Development costs capitalized in accordance with IAS 38; 3. Alicence to broadcast a television series, purchased by Ita Co for $150,000; 4. Astate of the art factory purchased by Ita Co for $1.5 million. Select one: a.tand3 b.2and4 c1,2and 3 d.2,3and4 CAuHGi2 —Hodnthinh Bat dim 1,00 erén 1,00 Fate According to IAS 38 intangible assets, which of the following statements about research and development expenditure are correct? 1 Research expenditure, other than capital expenditure on research facilties, should be recognised as an expense as incurred; 2.In deciding whether development expenditure qualifies to be regconised as an asset, Its necessary to consider whether there will be adequate finance available to complete the project; 3.Development expenditure regconised as an asset must be amortised over a period not exceeding five years. Select one: 2.13 b.1.2 61,23 4.2.3 Cau H6i3 —Hoanthanh at aiém00tren 1.00, YF Daten An exclusive 20-year right to manufacture a product or use a process is a: Select one: a. Franchise, b. Trademark, . Copyright. 4G. Patent, cau Héi 4 Hodnthanh Bat diém 1,00:r8n 1/00 Y Bate Cromartie LTD. prepares its financial statements according to International Financial Reporting Standards. During 2013 the company incurred $1,245,000 in research expenditures to develop a new product. An additional $756,000 in development expenditures were incurred after technological and commercial feasibility was established and after the future economic benefits were deemed probable. The project was successfully completed and the new product was patented before the end of the 2013 fiscal year. Sale of the product began in 2014, What amount of the above expenditures would Cromartie expense in its 2013 income statement? Select one: a. $756,000, b. $1,245,000. «$0. $2,001,000. Cau HsIS —Hoanthinh —Bac

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