All of the Following Are Intangible Assets Except

question 199

Multiple Choice

All of the following are intangible assets except

• A)patents.
• B)goodwill.
• C)franchises.
• D)accounts receivable.

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Definitions:

Opportunity Cost

The cost of choosing one alternative over another, typically representing the benefits you could have received by taking a different action.

Alternative Use

The potential other applications or purposes for which a resource, asset, or investment could be utilized instead of its current use.

Game

An interactive, often competitive activity involving skill, chance, or endurance on the part of two or more persons who play by a set of rules, usually for entertainment.

Behavioral Science

The study of human and animal behavior through observation and empirical analysis, encompassing fields such as psychology, sociology, and anthropology.