1. in tangible assets wth indefinite life are
a. Amortized for its useful like
b. Amortized for its legal life
c. Not amortized and not impaired
d. Not amortized but tested for impairment
2. in a patent, if the litigation is unsuccessful, the legal cost and the remaining cost of the
patent should be written off as
a. expense
b. a deduction from the other patent
c. outright income
d. loss
3. the immaterial cost of the leasehold shall be amortized over the life
a. of the lease
b. of the leasehold or lease which ever is shorter
c. of the leasehold
d. of none, it is charged to outright expense
4. the basis of normal rate return is based on net assets meaning
a. the exces of the total assets including goodwill over total liabilities
b. the equity of the entity
c. the equity of the entity plus subsidiaries
d. total assets minus total liabilities minus goodwill
5. if there is an indication that goodwill may be impaired, recoverable amount is determined
for the cash generating unit to which
a. the impairement can be written off
b. the goodwill can be written off
c. the impairment belongs
the goodwill belongs