Reference no: EM132730893

Problem 1: After initial recognition, a class of intangible assets, whose fair value can be reliably measured, may be carried in the financial statement

a. at revalued amount, being the fair value at the date of the revaluation less any subsequent accumulated amortization and any subsequent accumulated impairment losses
b. at revalued amount, without any subsequent amortization
c. Using cost model or the revaluation model
d. Using the cost model