1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zanzabum
3 years ago
9

Under current GAAP, intangible assets are classified as Group of answer choices

Social Studies
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Under current GAAP, intangible assets are classified as limited life or indefinite life.

Option: C

Explanation:

GAAP stands for Generally Accepted Accounting Principles which is the standard accounting principles adopted by the U.S. Securities and Exchange Commission. It generally clarify, make consistent and comparable all the financial information.

Intangible assets are those whose life span or longevity is limited and indefinite. It is not physical in nature. Example of intangible resource are copyright, good will etc. Intellectual property is also a type of it. Such as design. Reputation, knowledge can also be considered as tangible asset.

You might be interested in
WHAT HAPPENED TO THE UNEMPLOYMENT RATE AFTER THE STOCK MARKRT CRASH IN 1929
baherus [9]
It went up. A lot. So say it increased significantly.
3 0
3 years ago
Which sentence best conveys the author's message in the story?
Elenna [48]

Answer:

The sentence that best conveys the author's message in the story is:

"As long as we get to spend time together, it doesn't matter what we're doing."

Explanation:

The story attached clearly revolves around the theme of friendship. Kim could have chosen to be upset because Lily wanted to cancel their plans to go to the movies. However, she chose to help her friend instead. Together, they spent hours doing Lily's project and, as it turns out, they had fun together. Kim was attentive to her friend's need and, because they like each other so much, even school work was a fun activity for them.

3 0
3 years ago
What is the definition of global Address
Kruka [31]
The definition of the global address list is an electronic shared address book which has everyone who works in a specific organization. This can usually be accessed through the internet or through other electronic items. Different information can be obtained through the global address list, such as e-mail address, phone numbers, work position and office location.
3 0
3 years ago
Dr. Mitchell is a brilliant lecturer who strongly prefers reading to the company of others. Despite being an introvert, however,
Elan Coil [88]

Answer: fundamental attribution error

Explanation: Fundamental attribution error is the tendency of others to explain another persons behaviour based on personality or disposition and give little or no concern for other external factors such as situation surrounding the persons behaviour at that particular point in time.

According to the question, Dr. Mitchell's behaviour during lectures is far different to her behaviour when she is alone or with others. Due to her behaviour during lectures her students labelled her an extrovert when in actual sense she is an introvert. Her out going behaviour during lectures can be associated with her surrounding which is the lecture room and students  while her personality is she like being alone reading.

5 0
3 years ago
Read 2 more answers
When I decided to run for class president, I wasn’t sure if I could win. I want to be class president when I get older, I want t
natali 33 [55]

voting in this election for my behaviour.

4 0
3 years ago
Other questions:
  • What is Eduloan and is it a good choice is it affordable
    15·1 answer
  • Can someone help me with a bunch of American Government questions?
    7·1 answer
  • What are the layers of the atmosphere how are they divided
    11·2 answers
  • Why did farmers sell their lands to aristocrats and become tenant farmers in ancient china? (3 points?
    9·1 answer
  • Distinguish between native, nonnative, indicator and keystone species. Give an example of each. Explain why amphibians are good
    14·1 answer
  • With the president’s house smoldering and Washington D.C. in ruins, the nation was at a crossroads. But an unexpected victory at
    5·1 answer
  • Help...What city became the center of Hammurabi’s Mesopotamian empire?
    13·2 answers
  • Which correctly separates the sentence below into two sentences? *
    7·1 answer
  • __________ is the most commonly used drug in the world, and is a member of the ________ drug class.
    7·1 answer
  • According to mihaly csikszentmihalyi, the first step toward a more creative life is?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!