Which of the Following Is Not an Intangible Asset That

question 32

Multiple Choice

Which of the following is not an intangible asset that can be recorded as an asset under IFRS?

• A)Patent
• B)Research
• C)Trademark
• D)Customer list

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Definitions:

Framing Effect

The influence of wording, or the context in which information is presented, on decision making.

Overconfidence

A cognitive bias where an individual’s subjective confidence in their judgments is greater than their objective accuracy.

Chomsky's Hypothesis

A theory suggesting that the ability to learn language is innate, i.e., biologically programmed within humans.

Innate Ability

A natural talent or skill that a person is born with, not acquired through learning or experience.