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:

Blood Vessels

Tubes in the body through which blood flows, including arteries, veins, and capillaries.

Hemolymph

The fluid that bathes the tissues in animals with an open circulatory system (e.g., arthropods and most mollusks).

Hemocoel

Blood cavity characteristic of animals with an open circulatory system.

Hemocyanin

A hemolymph pigment that transports oxygen in some mollusks and arthropods.