Which of the Following Characteristics Is Not Common to Both

question 37

Multiple Choice

Which of the following characteristics is not common to both tangible and intangible assets?

• A) held for use and not for investment
• B) Have an expected life of more than one year
• C) derive value from the ability to generate revenue
• D) may have value only to a particular company

---

Definitions:

Foreign-Currency Exchange

The process of converting one currency into another currency, typically through a financial institution.

Exchange Rate

The value of one country's currency in terms of another's, used in foreign exchange markets to facilitate international trade.

Supply Of Dollars

The total amount of US dollars available in the global market, including cash and bank deposits.

Real Exchange Rate

The rate at which two currencies can be exchanged to purchase the same basket of goods and services, taking into account inflation rates of the involved countries.