Customer Lists Are Classified as Intangible Assets

question 8

True/False

Customer lists are classified as intangible assets.

---

Definitions:

Pervasiveness

The quality or state of being widespread in every aspect or area.

Teratogens

Agents or factors that can cause developmental malformations or birth defects in an embryo or fetus when exposed during pregnancy.

Mutagens

Agents, such as chemicals or radiation, that can cause mutations by altering the DNA sequence within genes.

Carcinogens

Substances or exposures that are known to cause cancer or significantly increase the risk of developing cancer.