alleryStart learning →Expenditure earlier expensed on an intangible item can later be treated how?
AAdded back to the cost
BBarred from asset cost
CMoved into goodwill
DRevalued upwards
Answer & Solution
Correct answer: B. Barred from asset cost
Reinstatement of previously expensed expenditure is prohibited.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
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