How does one determine if an intangible has a future economic benefit?

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asked May 6, 2024 7.1k views

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IStranger · Answer 1 · 2024-05-12T05:30:35+0000

An intangible asset can only be recognised if it is probable that the expected future economic benefits (eg revenue from the sale of products or services)

How does one determine if an intangible has a future economic benefit?

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