alleryStart learning →An annual test of an indefinite life intangible must be done at what timing?
AIn the first month
BOnly at year end
CAfter audit report
DSame time every year
Answer & Solution
Correct answer: D. Same time every year
Timing is flexible but must be consistent from year to year.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
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