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
4 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]4 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
1. What did many European imperialists believe their empires brought to other parts of the world they ruled?
Brilliant_brown [7]

Answer:

A. . enlightenment and civilization

Explanation:

European Imperialist aware that colonizing a weaker country will cause detrimental economic effect to them.

To justify their inhumane actions, European Imperialists developed a belief to make their people feel that they're doing the imperialism for higher purpose. They believed that they're the force sent by the God in order to spread enlightenment to other regions and introduced technological inventions to help their civilization advance.

8 0
3 years ago
How how does montesquieu suggest that each branch should limit the power of the others
MakcuM [25]
Hello!

Montesquieu influenced the idea of Separation of Powers, which is currently used in the United States as a form of governmental balance. 

The Separation of Powers limits each governmental branch with the purpose of preventing a dictatorship. Currently, the U.S. government is divided into three branches: the Legislative branch (includes the House and the Senate), the Executive branch (the president), and the Judicial branch (the courts). The Separation of Powers works as checks and balances. This means that if one branch gains more power than it should have, the other two branches can prevent it from gaining too much power. Each branch has a specific purpose that it must maintain.

Montesquieu concluded that the best way to prevent government corruption was to productively divide it. This idea was picked up by the United States and is still in effect today.

I hope this helps you!
8 0
3 years ago
Nicole is a 30-year-old lawyer who holds very conservative views. She always votes the straight Republican ticket in every elect
leva [86]

Answer:

Nicole is a 30-year-old lawyer who holds very conservative views. She always votes the straight Republican ticket in every election. At a New Year’s Eve party, she meets Frank who is also a 30-year-old lawyer but who holds very liberal views. He tells Nicole that he would never think of voting for a Republican candidate. Based on the research, you should predict that Nicole will dislike Frank because he supports opposing points of view.

Explanation:

Nicole is born and raised republican so she won't have an "open-minded" attitude towards Frank.

4 0
3 years ago
Skilled workers who made metal products, cloth, or pottery were called
mars1129 [50]
B artisans 
they are people who use there hands for art and making stuff 


8 0
3 years ago
Read 2 more answers
Which of the following countries has created special economic zones to reduce government regulations on the economy
amm1812

Answer:

Dont listen to anybodys opinions about you, they may be struggling about something or mad and wantt to take it out on someone innocent, like you. the answer is china btw

Explanation:

8 0
4 years ago
Other questions:
  • Upon which type of turf weed have preemergence herbicides typically been the most effective
    7·1 answer
  • When Bella’s new neighbor (who just moved from India) plays her some Indian classical music involving a sarod, tabla, and voca
    5·1 answer
  • According to Schaie,
    14·1 answer
  • Predict whether carbon dioxide or water would have a higher boiling point. explain your predicament in terms of attractions betw
    9·1 answer
  • In the early part of the past century, psychologists who broke down thought processes into their basic elements and analyzed the
    11·1 answer
  • The difference between the true and absolute magnitude of a star is caused by:
    7·1 answer
  • What were the hired<br> soldiers Britain used to fight<br> for them against the<br> Patriots called?
    8·1 answer
  • 1 Peter Muller/Getty Images 1. _________blank tend to describe themselves with traits that emphasize their uniqueness. a. Collec
    12·1 answer
  • probationers in the united states are more likely to be than are offenders confined to jail or prison.
    6·1 answer
  • The most important preparation you can make for your working life
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!