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:

Organized Crime

Structured groups engaged in illegal activities, such as drug trafficking, theft, and extortion, often with a hierarchical system of leadership.

Amateur Robbery

Unsophisticated or inexperienced criminal activities aimed at unlawfully obtaining goods, money, or other assets.

Professional Robbery

Robbery conducted by individuals who are skilled and methodical, treating the act as a profession rather than opportunistic crime.

Amateur Robbery

A robbery conducted by individuals without professional skills or experience in committing such crimes.