Which of the following assets is regarded as meeting the identifiability criteria for recognition as an identifiable intangible asset that may be acquired in a business combination?
A) Newspaper mastheads.
B) Customer service capability.
C) Outstanding credit ratings.
D) Presence in geographic locations.

Question

Quizplus · Accepted Answer

Newspaper mastheads are specific and distinguishable assets that meet the identifiability criteria for recognition as an identifiable intangible asset. Customer service capability, outstanding credit ratings, and presence in geographic locations are not individually identifiable assets and do not meet the identifiability criteria.

Which of the Following Assets Is Regarded as Meeting the Identifiability