What can happen to the cost of some assets in use when SFAS 141 has affected a taxpayer's books?

In considering the impacts of Statement of Financial Accounting Standards (SFAS) No. 141, it's important to understand how it affects the recognition and measurement of assets. SFAS 141 significantly changed the accounting treatment for business combinations and the recording of intangible assets.

When SFAS 141 is implemented, particularly in the context of business acquisitions, it requires that certain intangible assets be recognized separately from goodwill. This may lead to situations where some assets are not recorded on the taxpayer's books if they do not meet the criteria for recognition under the new standards. This can result in those assets becoming unavailable for valuation purposes because they are neither recognized nor included in financial statements.

Thus, the option indicating that some assets may not be available appropriately reflects the implications of SFAS 141 on an entity's financial reporting and asset recognition. The other responses, while potentially relevant in different contexts, do not accurately capture the precise scenario resulting from the application of SFAS 141.