alleryStart learning →Amortising an intangible over 25 years requires disclosing:
ATax saved on the amortisation
BNames of the valuers used
CCompetitors' product prices
DWhy the ten-year presumption fails
Answer & Solution
Correct answer: D. Why the ten-year presumption fails
The reasons and the factors that played a significant role in fixing the longer life must be disclosed.
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