Which of the Following Is Not a Characteristic of an Intangible

question 18

Multiple Choice

Which of the following is not a characteristic of an intangible asset?

• A)It has no physical substance.
• B)Its useful life may exceed its legal life.
• C)It may be amortized using the straight-line method.
• D)It may be impaired and written off.

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Definitions:

Effaced

Effaced refers to the process of becoming obscured, erased, or wiped out, often used in the context of features or details being removed or smoothed over.

Menstrual Cycle

In the human female, the monthly sequence of events that prepares the body for pregnancy.

FSH

Follicle-stimulating hormone, a gonadotropin involved in regulating development, growth, pubertal maturation, and reproductive processes.

Human Chorionic Gonadotropin

A hormone produced during pregnancy that is used in medical tests to detect pregnancy.