CERTYNEX IFRS ACADEMY

Velorin holds a regional transport licence issued by the State for ten years. Regulations prohibit any transfer of this licence. On what basis is the licence identifiable?

It is not identifiable, because it cannot be transferred to anyone.

It is identifiable, because it arises from a legal right, even a non-transferable one.

It is identifiable only if Velorin plans to sell it one day.

It is identifiable only if it is both transferable and arises from a legal right.