Intangible Assets Are

question 154

Multiple Choice

Intangible assets are

• A) listed under current assets on the balance sheet.
• B) not listed on the balance sheet because they do not have physical substance.
• C) noncurrent resources.
• D) listed as a long-term investment on the balance sheet.

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Definitions:

Retained Earnings

Refers to the portion of net income left over for the business after it has paid out dividends to its shareholders.

Surplus Cash

Excess funds that a company has after covering all its operational expenses, investments, and financial obligations.

Dividends

Distributions to shareholders from a corporation, often sourced from the entity's earnings.

Stock Dividend

A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.