Examlex
What characteristics do intangible and tangible noncurrent assets have in common?
Objective Value
The perceived worth of a good or service based on its ability to fulfill a need or want, as opposed to subjective personal preferences.
Opportunity Cost
The cost of foregone alternatives, representing the benefits that could have been received by choosing the next best alternative.
Subjective Values
The personal importance or worth that an individual places on a good or service, which can vary greatly between people.
Time Costs
The opportunity costs associated with the time spent on an activity instead of other, potentially more valuable, activities.
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