Apurchased limited-life intangible asset amortized and is impairment tested using (a)is; the recoverability test and then the fair value test.(b)is not; the fair value test only.(c)is not; the recoverability test and then the fair value test.(d)is; the fair value only.

Option A

Explanation: Assets having no physical existence are called intangible assets for example :- goodwill, patent rights.

Amortization can be defined as the method of distributing the value of intangible assets over its useful life, thus for amortization the asset must have a definite life.

While amortizing , first its recoverability is evaluated by comparing fair value with carrying value and after that the difference in both is calculated.

answer; refusing to share information without the client's permission

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.