Examlex
Which of the following provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance?
Intangible Assets
Non-physical assets such as patents, copyrights, and goodwill that have value to a business.
Utility
A measure of the satisfaction or benefit derived from consuming goods and services.
Allocation
The process of assigning a cost, or a group of costs, to one or more cost objectives, in reasonable proportion to the benefits provided or other equitable relationship.
Goodwill
An intangible asset representing the value of a company’s brand name, solid customer base, good customer relations, and employee morale.
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