The Term "Intangible Assets" Is Used in Accounting to Denote

question 61

Multiple Choice

The term "intangible assets" is used in accounting to denote

• A) current or noncurrent property items without physical characteristics.
• B) assets with lesser economic significance because of the nature of such assets.
• C) properties without physical characteristics that have long-term effects on a business enterprise.
• D) such items as patents, copyrights, and claims against customers which can be valued on a monetary basis.

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Definitions:

Variance

A statistical measure of the dispersion or spread in a set of data points, indicating how much they differ from the average.

Behavioral Measure

An assessment or observation of actions and behaviors, often used in psychological research to quantify behavior in a reliable and valid manner.

Situational Variable

Any external factor that can influence behavior in a given context.

Personality Literature

involves the scholarly and scientific studies, writings, and discussions on the patterns of thoughts, feelings, and behaviors that make a person unique.