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[Solved] FIN611 GDB Solution & Discussion Fall 2019
FIN611 Advanced Financial Accounting GDB Solution & Discussion Fall 2019
The license has been exclusively acquired to operate the wireless network. The fact that the license can be used or licensed to a third party is irrelevant.
The acquisition of the license is the first step in a wider investment project (developing the network). It is part of the network investment, which meets the definition of a qualifying asset under IAS 23.
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