CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

Regarding the disclosure requirements for intangible assets, which piece of information is required by IFRS but not by U.S. GAAP?
A. Whether the useful lives are indefinite or finite
B. Accumulated amortization expense
C. Gross carrying amount
Explanation: IFRS, then, have different requirements for intangible assets with indefinite and definite lives.

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