Which of the following is not included in the cost of an internally generated intangible asset?
A)costs of materials and services used or consumed in generating the intangible asset
B)fees to register a legal right
C)expenditure on training staff to operate the asset
D)amortisation of patents and licences that are used to generate the intangible asset

Question

Quizplus · Accepted Answer

Expenditure on training staff to operate an asset is considered an operational expense rather than a capitalizable cost in the creation of an internally generated intangible asset.

Which of the Following Is Not Included in the Cost