An Intangible Asset Is

question 15

Multiple Choice

An intangible asset is:

• A)a valuable fixed asset that has no physical existence
• B)a physical fixed asset that loses value over time,such as equipment
• C)a fully-depreciated fixed asset which has no remaining market value
• D)a current asset with a negligible book value but considerable market value
• E)a current asset with minimal market value and no physical existence

---

Definitions:

Frescoes

A method of mural painting executed upon freshly laid lime plaster, water is used as the vehicle for the dry-powder pigment to merge with the plaster, and with the setting of the plaster, the painting becomes an integral part of the wall.

Santa Maria Novella

A famous church in Florence, Italy, notable for its Gothic and Renaissance architectural elements and art.

Brunelleschi

Filippo Brunelleschi was an Italian designer and a key figure in architecture, recognized for developing the principles of linear perspective.

Oculus

A circular opening at the top of a dome or wall, used in architecture to let in light or air.