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Which disclosures is not required with respect to intangible

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Reference no: EM132765862

Problem 1: A bearer plant is a living plant that

a) Is used in the production or supply of agricultural produce

b) Is used to bear produce for more than one period

c) Has a remote likelihood of being sold as agricultural produce, except for incidental scrap sales

d) Must possess all of these characteristics

Problem 2: Under PAS 38, which of the following disclosures is not required with respect to intangible assets?

a) Useful lives of the intangible assets

b) Reconciliation of carrying amount at the beginning and the end of the year

c) Contractual commitments for the acquisition of intangible assets

d) Fair value of similar intangible assets used by competitors

Reference no: EM132765862

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