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

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Definitions:

Multinomial

Related to outcomes or processes that can fall into more than two categories in statistical experiments.

Categories

Distinct groups or classes into which items or individuals can be sorted based on shared qualities or characteristics.

Proportion

A statistical measure that indicates the fraction of the total population that possesses a particular attribute or characteristic.

Chi-squared Goodness-of-fit Test

This test assesses if observed frequencies in a single categorical variable match expected frequencies determined from a theoretical distribution.