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Lubov Fominskaja [6]
3 years ago
11

Question 7 of 10

Business
1 answer:
bonufazy [111]3 years ago
5 0
To keep track of the money in ur checking acc
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Which of the following is true? Multiple Choice
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Answer:

The answer is: D) Licenses for functional intellectual property can be viewed as conveying a right of use.

Explanation:

Functional Intellectual Property (IP) is different from other IP since it must possess a standalone functionality. This means it must be able to perform a task, process a transaction, etc.

Because functional IP possess a standalone functionality, licensing agreements provide the customer immediate use of the functional IP. Therefore, revenue from licensing functional IP is recognized at the time the license is given.

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A price Floor

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<u>Intelligence.</u>

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