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(Solved): Which of the following are additional issues as defined by SFAS 141? If the intangible comes from a ...



Which of the following are additional issues as defined by SFAS 141? If the intangible comes from a contractual right or is capable of being sold, then it is not recognized as separate from goodwill. Intangible assets often make up the largest portion of a purchase price. These include, according to the Financial Accounting Standards Board (FASB), only current assets that have physical substance. SFAS 141 asks if the intangible arises from contractual or other legal rights. SFAS 141 does not ask if the asset is capable of being sold or separated from the acquired enterprise.



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