Intangible Assets Are

question 47

Multiple Choice

Intangible assets are

• A) listed under current assets on the statement of financial position.
• B) not listed on the statement of financial position because they do not have physical substance.
• C) non-current resources.
• D) listed as a long-term investment on the statement of financial position.

---

Definitions:

Projected Number

An anticipated quantity or figure calculated for a future date, based on existing data and predictive analysis.

New Price

The updated or most recent cost at which an item or service is sold in the market.

Standard Suite

A collection of benchmarks, protocols, or specifications that establish a norm or minimum level of acceptability for products, services, or practices.

Total Optimal Cost

The lowest possible sum of costs achieved by optimizing the allocation of resources in operations or production.