Which of the following items would NOT be recognised as an intangible asset in a business combination?
A) trademarks.
B) experienced marketing team.
C) newspaper mastheads.
D) order backlogs.

Question

Quizplus · Accepted Answer

While an experienced marketing team is a valuable asset, it is not considered to be an intangible asset that can be separately identified and measured for accounting purposes in a business combination. Trademarks, newspaper mastheads, and order backlogs can all be recognised as intangible assets.

Which of the Following Items Would NOT Be Recognised as an Intangible