Which of These Is Not Always a Characteristic of an Asset

question 28

Multiple Choice

Which of these is not always a characteristic of an asset?

• A) expected future economic benefits
• B) ability of the benefit to be measured in money terms
• C) exclusive control of the economic benefits
• D) legal ownership by the entity

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Definitions:

Tarot-Card Readings

A form of fortune-telling or divination using a deck of tarot cards to gain insight into the past, present, or future by posing a question to the cards.

Federal Trade Commission

A U.S. federal agency established to enforce laws related to consumer protection and competition between businesses.

Federal Communications Commission

A United States government agency responsible for regulating interstate and international communications via radio, television, wire, satellite, and cable.

Geographical Pricing

A pricing strategy where the price of a product or service varies depending on the geographical location or market.