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[Solved] FIN611 GDB Solution & Discussion Fall 2019  

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27/01/2020 11:07 pm  

FIN611 Advanced Financial Accounting GDB Solution & Discussion Fall 2019


Solution Idea:

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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