Intangible Assets Are

question 16

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) listed as a separate category on the balance sheet.
• D) listed as a long-term investment on the balance sheet.

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Definitions:

AWS

American Welding Society, an organization dedicated to advancing the science, technology, and application of welding and allied joining and cutting processes.

Extension Lines

Extension lines are lines drawn on a blueprint or sketch that extend from the outline of a part to call out dimensions or indicate a detail’s location.

Dimension Lines

Lines used in a drawing to show the direction and extent of a dimension, often terminating in arrowheads that point precisely to the dimension's extent.

Callout

An annotation on a drawing, usually detailing information of a specific feature, dimension, or instruction.