IAS 38 Lockfine jun 2011

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June 1, 2018 at 4:24 pm #455293
tranthao1989
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Hi Tutor,
Please advice me which treatment is correct in past exam Lockfine jun2011.

Per quest Lockfine has electronic map (intangible asset) and data base for map.
It consider data base is indefinite useful life and test impairment annually.

Is it correct?
Thank so much for your help advance.
June 2, 2018 at 9:34 am #455458
P2-D2
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Hi,

Why wouldn’t the answer be correct for a past exam question?

Thanks
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