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intangible non current assets

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › intangible non current assets

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 27, 2018 at 9:18 pm #439277
    Avatarsuleymanabuzerli
    Member
    • Topics: 84
    • Replies: 32
    • ☆☆

    please, help me ,Sir

    question:
    Which of the following items(that all generate future economic benefits,and whose costs can be measured reliably), is an intangible non-current asset?

    1 Computer hardware owned by a business
    2 Operating software that operates the computer hardware in (1)
    3 a patent bought by a business
    4 An extension to an office building owned by a business

    the answer is only 3??
    because operating software is tangible.

    question belongs to Revision&kit(page 47,question 9.14)
    but l suppose that correct variant have not been given in “the answers” section..

    February 28, 2018 at 9:25 am #439333
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    I only have the BPP Revision Kit – you are obviously using a different one.

    However the answer is only 3.

    The operating software is needed for the computer to be able to work – it is therefore treated as part of the cost of the hardware.

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  • The topic ‘intangible non current assets’ is closed to new replies.

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