ISMM 05-3 Test SD.13 Pricing IC 2014

ISMM Test Pricing Intellectual Property SD13 2014


1. Intangible assets are recorded at cost ...

a) replacement;

b) the residual;

c) the market;

d) investment;

d) the original.


2. The value received for accounting intangible assets, created by the organization, defined as ...

a) the amount of actual expenses for research and development work;

b) the amount of the actual cost of production, with the exception of VAT and other recoverable taxes;

c) general and other similar expenses.


3. Goodwill can be defined as the difference between ...

a) the purchase price of the company and the balance sheet value of its assets;

b) the purchase price of the company and the balance sheet value of its assets and liabilities;

c) the purchase price paid by the buyer, and the market value of the sold company.


4. The price received for accounting intangible assets acquired for a fee, defined as ...

a) the market value on the date of acceptance for accounting;

b) the amount of the actual cost of the acquisition;

c) the amount of the actual cost of acquisition, with the exception of recoverable taxes, plus additional costs of bringing them to the state in which they are suitable to be used for intended purposes;

g) the amount of spent material resources, wages, outsourcing of counterparty agreements, patent fees associated with obtaining a patent certificates.


5. Write-off of intangible assets is due to the termination ...

a) the term of protection documents;

b) benefit from the use of intangible assets;

c) the use of intangible assets for the purposes of production, works and services or for administrative needs of the organization;

g) of the company.


6. The useful life of the IP - a period during which the ...

a) the right to use IP can be transferred under the agreement;

b) EC may be used in its own right owner for the purpose of producing income.


7. Depreciation of intangible assets, lending or produced:

a) organization - the holder;

b) organization - the user.


8. The cost of replacement is ...

a) the expenditures necessary to make an exact copy of the object estimation using object is used to create assessment materials and technologies;

b) the cost of purchasing the same object of evaluation;

c) the cost of acquisition of modern, better evaluation of the object similar purpose;

d) the costs necessary to create a similar facility using materials and technologies used at the measurement date.


9. The price received for accounting intangible assets received under contracts, providing execution of obligations non-monetary assets is determined on the basis of ...

a) the market value of intangible assets at the date of adoption of the accounting records;

b) the cost of the transfer of goods to be established on the basis of the price at which in comparable circumstances the organization usually determines the value of similar goods;

c) the monetary value agreed by the founders of the organization;

d) the price at which in comparable circumstances similar to those usually purchased intangible assets.