AASB 138 Intangibles requires which of the following items to be disclosed in relation to intangibles?
A) Whether the life of the intangible is finite or indefinite.
B) The amortisation method used for intangibles with a finite life.
C) A reconciliation of the beginning and ending carrying amounts for the reporting period.
D) All of the options are required disclosures.

Question

Quizplus · Accepted Answer

AASB 138 requires all of the options listed (A, B, and C) to be disclosed in relation to intangibles. Therefore, the correct answer is D - all of the options are required disclosures.

AASB 138 Intangibles Requires Which of the Following Items to Be