Which of the Following Would Appear in the Intangible Asset

question 12

Multiple Choice

Which of the following would appear in the intangible asset section of a classified statement of financial position?

• A)Patents.
• B)Accumulated depreciation.
• C)Cash.
• D)Trade receivables.

---

Definitions:

Resilience

The capacity to recover quickly from difficulties; toughness or the ability to bounce back from stress or adversity.

Bounce Back

The ability to recover quickly from difficulties; resilience.

Adapt

To make suitable adjustments to new conditions or a different environment in order to improve functionality or survival.

High Crime Area

A geographic location with a significantly higher rate of criminal activity compared to surrounding areas.