How Will the Costs of an Intangible Asset Being Develop

question 7

Multiple Choice

How will the costs of an intangible asset being develop internally or self-constructed be reported?

• A)As capital expenditure
• B)As research and development expenses
• C)As marketing expenses
• D)As a liability

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Definitions:

Savants

Individuals who demonstrate exceptional abilities or skills in a specific area despite having developmental conditions, such as autism spectrum disorder.

Multiple Intelligences

In Howard Gardner’s theory, the six essential, independent mental capacities (linguistic, logical-mathematical, spatial, musical, bodily-kinesthetic, and personal intelligence).

Howard Gardner's

Refers to the frameworks and theories developed by Howard Gardner, particularly his theory of multiple intelligences which classifies intelligence into distinct categories.

Multiple Intelligences

A theory introduced by Howard Gardner suggesting that intelligence is not a single academic capacity, but consists of various distinct types, including linguistic, logical-mathematical, spatial, bodily-kinesthetic, musical, interpersonal, intrapersonal, and naturalistic intelligences.