According to ASC 805-30,which one of the following items may not be accounted for as an intangible asset apart from goodwill?
A)A production backlog
B)A valuable employee workforce
C)Noncontractual customer relationships
D)Employment contracts

Question

Quizplus · Accepted Answer

A valuable employee workforce is not recognized as an intangible asset apart from goodwill under ASC 805-30 because it cannot be separated from the acquired entity and sold, transferred, licensed, rented, or exchanged.

According to ASC 805-30,which One of the Following Items May