Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 5 of 6
Which of the following statements is most accurate? A company that has developed intangible assets internally will:
B. recognize a higher amount of assets than a company that has obtained intangible assets through an external purchase.
C. report an amount of assets that is equivalent to that of a company that has obtained intangible assets through an external purchase.
A. recognize a lower amount of assets than a company that has obtained intangible assets through an external purchase.
B. recognize a higher amount of assets than a company that has obtained intangible assets through an external purchase.
C. report an amount of assets that is equivalent to that of a company that has obtained intangible assets through an external purchase.
User Contributed Comments 0
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
compare the financial reporting of the following types of intangible assets: purchased, internally developed, and acquired in a business combination
CFA® 2025 Level I Curriculum, Volume 2, Module 7.