Which Statement Is FALSE

question 65

Multiple Choice

Which statement is FALSE?

• A)The economic life of an intangible asset does not always equal its legal life.
• B)The cost of developing an intangible asset internally is capitalized as an asset.
• C)Intangible assets are similar to fixed assets,in that their acquisition costs are capitalized as assets,and this cost is expensed over their estimated useful lives.
• D)Intangible assets are long-lived assets that are not physical in nature.
• E)Examples of intangible assets include patents,copyrights,and goodwill.

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Definitions:

Thrombin

An enzyme in blood plasma that causes the clotting of blood by converting fibrinogen to fibrin.

Aspirin

A medication used to reduce pain, fever, inflammation, and prevent blood clots.

Prothrombin Activator

A complex of enzymes that converts prothrombin into thrombin, a key step in the blood clotting process.

Platelets

Platelets, also known as thrombocytes, are small blood components essential for blood clotting, helping prevent bleeding.