Which Characteristic Is Not Possessed by Intangible Assets

question 133

Multiple Choice

Which characteristic is not possessed by intangible assets?

• A) Physical existence.
• B) Long-lived.
• C) Result in future benefits.
• D) Expensed over current and/or future years.

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Definitions:

Euphemism

A mild or indirect word or expression used in place of one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.

Shoptalk

Industry-specific language or jargon used by professionals within a particular field.

Guidelines

Recommended practices or instructions designed to steer actions or processes in a particular direction.

Translated

The process of converting text or speech from one language to another to ensure comprehension across language barriers.