Which of the Following Is a Difference Between Intangible Assets

question 29

Multiple Choice

Which of the following is a difference between intangible assets and property, plant and equipment (PPE) ?

• A)Intangibles lack physical substance.
• B)PPE benefit more than one year.
• C)Intangibles are held for use in the ordinary course of business.
• D)Intangible assets are generally identifiable.

---

Definitions:

Praxis

The process by which a theory, lesson, or skill is enacted or practiced, particularly in a real-world context.

Deliberate System

A cognitive process involving conscious, controlled, and thoughtful consideration and decision-making.

Automatic System

Refers to cognitive processes that occur with little or no conscious effort, responsible for quick and intuitive decisions.

Duplex Mind

The concept that the human mind operates through two systems: one that is fast, automatic, and emotional, and another that is slow, deliberate, and logical.