During an acquisition, when should intangible assets NOT be recognized apart from Goodwill?
A) The assets have been identified but not accounted for by the subsidiary.
B) The assets have been identified and accounted for by the subsidiary.
C) The assets can be sold, licensed or exchanged.
D) The assets have been accounted for by the subsidiary but have no Fair Value on the date of acquisition.

Question

Quizplus · Accepted Answer

The Answer of During an acquisition, when should intangible assets NOT be recognized apart from Goodwill?
A) The assets have been identified but not accounted for by the subsidiary.
B) The assets have been identified and accounted for by the subsidiary.
C) The assets can be sold, licensed or exchanged.
D) The assets have been accounted for by the subsidiary but have no Fair Value on the date of acquisition.

During an Acquisition, When Should Intangible Assets NOT Be Recognized