NO.PZ2024030503000215
问题如下：
Question A copyright, for which an active market exists, has a set finite life and is used in a company's operations over more than one fiscal period. Under U.S. GAAP, this copyright is reported using:
选项：
A.only the cost model.
B.only the revaluation model.
C.either the cost or the revaluation model.
解释：
Solution-
Correct because, under US GAAP, companies are required to use the cost model to value intangible assets. IFRS allow companies to value intangible assets under a cost model or under a revaluation model. The revaluation model can only be selected when there is an active market for an intangible asset.
-
Incorrect because the revaluation model is not allowed under US GAAP; however, IFRS permit the use of the revaluation model or the cost model.
-
Incorrect because the revaluation model is not allowed under US GAAP; however, IFRS permit the use of the revaluation model or the cost model.
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如题…………………………………
