The Orvino group is listing its expenditure for the year. Which items can be recognised as intangible assets?Your answerAThe price paid in cash for a patent bought from an inventor, whose use is expected to generate probable benefits.BThe estimated value of the goodwill generated by the quality of the group's organisation.CThe expenditure on a basic research programme on new materials.DThe expenditure on creating a new product brand internally.EThe price invoiced for a software licence acquired from a vendor, whose use will bring probable cost savings.Submit