Intangible Assets ________

question 21

Multiple Choice

Intangible assets ________.

• A)always have a definite life
• B)that are purchased are recorded at cost
• C)are always expensed through amortization
• D)with definite lives are tested annually for impairment

---

Definitions:

Homeostasis

The process by which living organisms regulate their internal environment to maintain a stable, optimal condition despite changes in the external environment.

Equilibrium

A state of physical balance or a stable condition in which forces are balanced, often used in biological, chemical, and physical contexts.

Eupnea

Regular, healthy, effortless respiration.

External Acoustic Meatus

The external ear canal, a tube running from the outer ear to the middle ear.