Which of the Following Relationships Between Category of Intangibles and Amortization

question 71

Multiple Choice

Which of the following relationships between category of intangibles and amortization is not true? $\begin{array}{lll}&\text { Category }&\text { Amortize }\\\text { I. } & \text { Intangible assetswith a finite life } & \text { Yes } \\\text { II. } & \text { Intangible assetswith an indefinite life } & \text { No } \\\text { III. } & \text { Goodwill } & \text { Yes } \\\text { IV. } & \text { Internally developed unidentifiable intangibles } & \text { No }\end{array}$

• A)I
• B)II
• C)III
• D)IV

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Definitions:

Cavity

An empty or unfilled space within a solid object or body, often referring to holes in teeth caused by decay.

Contusion

A bruise resulting from blunt trauma, leading to bleeding under the skin without breaking the skin.

Bones

The stiff structures that make up a portion of the internal skeleton in vertebrates, offering support, safeguarding, and assisting in mobility.

Sagittal Suture

A fibrous joint that divides the human skull along the midline, connecting the two parietal bones.