What Factor Will Not Affect the Estimated Useful Life of a Finite

question 41

Multiple Choice

What factor will not affect the estimated useful life of a finite lived intangible asset?

• A)Legal life of the asset.
• B)Technological obsolescence.
• C)Physical condition of the asset.
• D)Certainty of future cash flows.

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Definitions:

Transactional Leader

A leadership style that focuses on supervision, organization, and performance; leaders promote compliance through rewards and punishments.

Characteristic

A feature or quality that defines and distinguishes a person, object, or phenomenon from others.

Management

The process of planning, organizing, directing, and controlling resources to achieve organizational objectives efficiently and effectively.

Exception

A deviation from the rule, standard, or expected outcome.