Which of the Following Statement Is True About Intangible Assets

question 32

Multiple Choice

Which of the following statement is true about intangible assets?

• A) They are usually presented in the balance sheet as fixed assets.
• B) They are short-lived assets.
• C) They are not held for resale.
• D) They have physical existence.

---

Definitions:

Shape

The external form, contours, or outline of an object or figure.

Psychological Techniques

Methods used in psychology to understand, diagnose, and treat mental health issues, including various forms of therapy and assessment tools.

Psychotherapy

involves the treatment of mental health problems through psychological techniques rather than medical interventions, fostering understanding and healthy coping mechanisms.

Biomedical Therapy

Prescribed medications or procedures that act directly on the person’s physiology.