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COGNITIVE ASSESSMENT Which of the following identifies broadband Internet connections?
Intangible Asset
An Intangible Asset is a non-physical asset possessed by a company, such as intellectual property, goodwill, and licenses, offering future economic benefits.
Goodwill
When a business is purchased, the difference between the price paid and the fair value of the net assets is goodwill. Goodwill may depend on brand names, business location, service, or other elements; it is a valuable asset that plays an important part in the expected rate of future earnings of a business.
Natural Resource
Refers to resources found in nature that are used for economic gain, such as minerals, forests, water, and land.
Depletion
Amount of natural resources that has been exhausted by mining, pumping, and so forth for a period of time.
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