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QUESTION

1) Based on your knowledge of the entity (RB PATEL FIJI LIMITED), select any intangible asset (excluding goodwill) which it may recognize under IAS...

1)Based on your knowledge of the entity (RB PATEL FIJI LIMITED), select any intangible asset (excluding goodwill) which it may recognize under IAS 38. Describe the nature of the asset and explain why the entity is permitted to recognize it.

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