alleryStart learning →The best estimate of a recognised website's useful life should be what?
AA short period
BAn indefinite period
CA twenty year period
DA domain term period
Answer & Solution
Correct answer: A. A short period
Websites change quickly, so the best estimate of useful life should be short.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
Browse all Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets questions for CA Final, or explore more Financialreporting topics.
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