alleryStart learning →The amortisation period and method of a finite life intangible are reviewed at least when?
AEvery three years
BEvery year end
COnly on its sale
DOnce at purchase
Answer & Solution
Correct answer: B. Every year end
They must be reviewed at least at each financial year end.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
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