alleryStart learning →Excess of enterprise market value over identifiable net assets is:
ACredited to capital reserve
BRecorded as internal goodwill
CBooked as a brand asset
DNot a recognisable intangible cost
Answer & Solution
Correct answer: D. Not a recognisable intangible cost
Such differences stem from many factors and cannot be treated as the cost of intangible assets controlled by the enterprise.
Keep practising AS 26 Intangible Assets
Browse all AS 26 Intangible Assets questions for CA Inter, or explore more Accounting topics.
Related questions
The cost of reorganising part of an enterprise is:Amortising an intangible over 25 years requires disclosing:Which of these is a common example of an intangible asset?Impairment of an intangible is tested by applying which standard?An exclusive 30 year toll road right is expected to be used 30 years. Amortise over:Software of Rs 9 lakh, 3 year life, straight-line, nil residual. Value after 2 years?A patent costing Rs 12 lakh has an 8 year life and no third-party buy-back commitment. AnnWhether a mixed tangible-intangible asset is intangible depends on: