Pieces of the Complete Cross Section of Ocean Crust That

question 141

Multiple Choice

Pieces of the complete cross section of ocean crust that have been added to continents are called ________.

• A)ophiolites
• B)pillow lavas
• C)lithosphere
• D)gabbro plutons

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Definitions:

Intangibles

Assets that do not have physical substance but are still valuable because of their intellectual property or other value to the firm.

Expensed

The act of charging a cost as an expense in the income statement in the period it is incurred.

Capitalized

Expenditures or costs that are added to the cost basis of a fixed asset on a company's balance sheet, rather than being expensed immediately.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets.