An Intangible Asset

question 125

Multiple Choice

An intangible asset

• A)derives its value from the rights and privileges it provides the owner.
• B)is worthless because it has no physical substance.
• C)is converted into a tangible asset during the operating cycle.
• D)cannot be classified on the balance sheet because it lacks physical substance.

Learn about the impacts of habitat, social factors, and conservation efforts on primate populations.

Calculate projected depreciation expense based on given data.

Determine projected amount of fixed costs with given unit sales, selling price, and variable cost.

Compute variable cost per unit given earnings before interest and taxes, fixed costs, selling price, and sales quantity.

---

Definitions:

Intelligence

The capacity for learning, reasoning, understanding, and similar forms of mental activities; aptitude in grasping truths, relationships, facts, meanings, etc.

Language Ability

The capacity to understand, produce, and use complex systems of communication, particularly human languages.

Language Abilities

The capacity to acquire and use complex systems of communication, particularly the human ability to do so.

Bonobos

A species of great ape known for its matriarchal societies, peaceful behavior, and sexual dimorphism, residing primarily in the Democratic Republic of Congo.