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Business, 10.10.2019 21:00 math3130

Which of the following is a criterion that must be met in order for an item to be recognized as an intangible asset?
the item is identifiable and lacks physical substance.
the item is part of the entity’s activities aimed at gaining new scientific or technical knowledge.
the item is expected to be used in the production or supply of goods or services.
the item’s fair value can be measured reliably.

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