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
IrinaVladis [17]
3 years ago
7

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  

You might be interested in
Go to the internet and find a news article published within the last month that discusses changes in demand and supply of partic
Setler79 [48]

Answer: The explanation is provided below

Explanation:

Below article is the summary of the acceleration of inflation in the emerging markets that was published in 2018.

According to the article, inflation in an economy is caused by an adverse supply shock or as a result of the expansionary fiscal policy or the expansionary monetary policy.

In an adverse supply shock, total quantity of basic goods will reduce drastically causing the aggregate demand to rise exponentially and therefore, push prices higher and then gradually lead to inflation.

Also, the continous and eventual implementation of the expansionary fiscal or monetary policy through continous tax cuts or by increasing government spending or reducting interest rates, lead into significant increase in the aggregate demand and as a result, prices rise eventually resulting in hyperinflation in the economy. This will also lead to increase in the real GDP of the economy.

Different tools in the monetary policy framework can be used to control inflation such as government securities,

the cash reserve ratio, interest rates. To reduce recession, government utilize automatic stabilizer in order to boost the economy.

8 0
3 years ago
Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere
Mice21 [21]

Answer:

A. can choose the quantity of butter that it produces but not the price at which it sells its butter.

Explanation:

Taking into consideration the characteristic of the market explained in the exercise we would say that it is a Competitive Market.

One of the characteristics of a Perfect Competitive Market is that the price of the products is determined by the market, which means that no single seller can't change or influence the price on its own.

Hope it helps. Good luck.

3 0
3 years ago
As you get older, a Target Date Fund will adjust by…
makkiz [27]

Answer:

The correct answer is letter "B": Decreasing your stocks and increasing your bonds.

Explanation:

Target-date funds are pools of assets employees with a 401(k) retirement account can access. <em>Target-date funds consider stocks as riskier assets than bonds</em>, thus, more stocks than bonds are included in the fund of the employee at first. However, <em>as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds</em>, which are safer securities.

7 0
3 years ago
Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
Leona [35]

Answer:

idk

Explanation:

7 0
3 years ago
Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $3,600, t
myrzilka [38]

Answer:

A periodic inventory method is a method where the inventory account is adjusted at the end of each accounting period and not continuously as with the perpetual method. All inventory purchased is recorded to a purchases account. Cost of goods sold is calculated by adding purchases to beginning inventory and then subtracting ending inventory. The following journal entries are examples of how to account for inventory under a periodic management method.

explanation:

4 0
3 years ago
Other questions:
  • A budget that allocates increased or decreased funds to a department by using the last budget period as a reference point is cal
    13·1 answer
  • The law of diminishing marginal utility says that as you consume more of something, the satisfaction that you get from each addi
    8·2 answers
  • Juarez builders incurred $285,000 of labor costs for construction jobs completed during the month of august, of which $212,000 w
    14·2 answers
  • Salespeople work with customers to learn their needs, understand their buying motives, and provide information to help the custo
    6·1 answer
  • A. and W. are brothers and work together. A. owns a cleaning business and his brother W. helps when the jobs are too big for A.
    5·1 answer
  • An associate professor of physics gets a $200 a month raise. She figures that with her new monthly salary she can buy more goods
    9·1 answer
  • Why in the fudge does trump (a literall orange) think hes the best person ever
    6·2 answers
  • A share of ownership in a company is known as which of the following?
    13·2 answers
  • Martin Company manufactures a powerful cleaning solvent. The main ingredient in the solvent is a raw material called Echol. Info
    10·1 answer
  • Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 37,000 hours of production in the W
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!