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3 years ago

Which of the following is a criterion that must be met in order for an item to be recognized as an intangible asset?

Business

1 answer:

Amiraneli [1.4K]3 years ago

3 0

Answer:

The item is identifiable and lacks physical substance.

Explanation:

Intangible asset: Intangible asset is that asset which cannot be seen or even touched. It has no physical existence.

Example: Goodwill, patents, trademarks, copyrights and other intellectual properties

In these types of assets, amortization is charged instead of depreciation.

It neither used for production, nor its gains any scientific or technical knowledge, and its value neither measure reliability

Hence, option a is correct

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3 years ago

Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $50

tino4ka555 [31]

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3 years ago

The purpose of reporting Current Maturities of Long-Term debt is to: a. report any portion of a long-term borrowing that is to b

Ket [755]

Answer:

Correct option is (d)

Explanation:

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3 years ago

Barry and his friends tended to favor a tuition increase that would be used to improve technological facilities. After discussin

swat32

Answer:

group polarization

Explanation:

Group polarization: In social psychology, the term "group polarization" is described as the propensity for a specific group to make a few decisions that are considered as more extreme as compared to the initial inclination of the group's members. However, group polarization occurs either in the direction of conservativeness or riskiness.

In the question above, the given statement represents group polarization.

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3 years ago

Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di

kiruha [24]

Answer:

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Explanation:

Option c is the correct answer- the products would no longer be similar in the wheat market, the reason being that people with different taste preferences would prefer either of the two kinds of wheat available in the market, therefore making them less concentrated.

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3 years ago

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