Which of the Following Is Not a Characteristic of Intangible

question 17

Multiple Choice

Which of the following is not a characteristic of intangible assets?

• A)Intangibles do not have physical substance.
• B)Intangibles benefit more than one year.
• C)Intangibles have fixed determinable cash flows.
• D)Intangibles are held for use in the ordinary course of business.

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Definitions:

Symbolic Form

An abstract representation of logic statements using symbols to represent logical operations and relationships.

Components

The individual parts or elements that make up a complex system, machine, or device.

Connective

In logic and philosophy, a term or operation that links propositions together in compound sentences, such as "and", "or", and "not".

Symbolic Form

The representation of objects or concepts through symbols or a system of symbols in a structured and conventional manner.