Which of the Following Is/are Not Capitalized as an Intangible

question 71

Multiple Choice

Which of the following is/are not capitalized as an intangible asset?

• A)costs of an internally developed patent
• B)legal costs to defend a patent successfully
• C)goodwill acquired when a company purchases another company
• D)costs to purchase a patent
• E)none of the above

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Definitions:

Social Proof

A mental phenomenon in which individuals mirror the behaviors of others, believing it to be the appropriate response for a particular scenario.

Advertiser

A person or organization that promotes products, services, or ideas through various forms of media to attract customers or supporters.

Effectiveness

The degree to which something is successful in producing a desired or intended result.

Efficiency

The ability to accomplish a task or goal with the minimal waste of time, effort, and resources.