An intangible asset is recognised under IAS 38 only if:
AHeld for sale
BIdentifiable, controllable, future economic benefits, cost measurable reliablyCORRECT
CInternally generated brand
DContingent asset
ACCAFinancial Reporting
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Why the answer is B, and why the others tempt you.
IAS 38 recognition criteria; internally generated brands and goodwill are NOT recognised.
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