Regarding Trends in Intangible Asset Reporting, Which of the Following

question 93

Multiple Choice

Regarding trends in intangible asset reporting, which of the following statements is NOT true?

• A) Intangible assets, along with goodwill, have been decreasing as a proportion of companies' reported assets.
• B) The most common types of intangible assets reported are broadcast rights, publishing rights, trademarks, patents, licences, customer lists, non-competition agreements, franchises, and purchased R&D.
• C) Intangibles are an important contributor to entity performance and financial position.
• D) Intangible assets, along with goodwill, have been increasing as a proportion of companies' reported assets.