The cost of internally developed identifiable intangible assets is typically expensed [...]
Answer
when incurred.
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Subject 2. Measurement Bases of Assets and Liabilities tangible assets are long-term assets that have no physical substance but have a value based on rights or privileges that belong to their owner. Generally, identifiable intangible assets are recorded only when purchased (at acquisition costs). <span>The cost of internally developed identifiable intangible assets is typically expensed when incurred. For example, R&D costs are not in themselves intangible assets. They should be treated as revenue expenditures and charged to expense in the period in which they are incurred. One e
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
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scheduled repetition
scheduled repetition interval
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Details
No repetitions
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