An Intangible Asset May Be Recorded

An intangible asset may be recorded:

A) if acquired from an external party at a cost.
B) if it is internally generated and fits the definition of an asset and meets the associated recognition criteria.
C) at a value other than cost if that value more reliably records the worth of the intangible asset.
D) at the cost of the asset, which must exclude any additional expenditure required to prepare the asset for use.