Jerand Has Written Three Books Which Have Been Copyrighted and Published

question 99

Multiple Choice

Jerand has written three books which have been copyrighted and published by a national publisher.He also invented and patented a desktop cover that can change a desk from sitting desk to a standing desk and back again using powered telescoping legs.He is using an accounting program to prepare his business accounting records.The program asks questions about the different aspects of his business and has asked him how the book copyrights and patent should be classified.Which of the following would be the proper designation for the copyrights and patent?

• A) Owners' equity
• B) Liabilities
• C) Intangible assets
• D) Fixed assets

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Definitions:

Dopamine

A neurotransmitter involved in regulating mood, motivation, pleasure, and reward.

Withdrawal

A process or period of time during which one discontinues the use of a substance or abstains from a certain behavior, often leading to uncomfortable symptoms.

Amphetamines

A class of stimulant drugs that increase energy and alertness but can also lead to addiction and adverse health effects.

Epinephrine

Epinephrine, also known as adrenaline, is a hormone and neurotransmitter involved in regulating heart rate, blood vessel and air passage diameters, and metabolic shifts.