An Example of an Intangible Asset Is a Franchise

question 111

True/False

An example of an intangible asset is a franchise.

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Definitions:

Purge Files

The act of systematically removing or deleting files from a system or database, typically to clear space or maintain confidentiality.

Potentially Harmful

Referring to something that could cause damage or adverse effects under certain conditions or if not properly managed.

Unemployment Compensation Claims

Formal requests filed by individuals who have lost their jobs to receive financial benefits while they seek new employment.

Employers

Entities or individuals who hire and pay employees for their services in conducting business activities.