A Consideration in Determining the Useful Life of an Intangible

question 44

Multiple Choice

A consideration in determining the useful life of an intangible asset is not the:

• A) initial cost.
• B) legal, regulatory, or contractual provisions.
• C) provisions for renewal or extension.
• D) expected actions of competitors.

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Definitions:

Study Habits

The consistent practices and routines that individuals use to acquire and retain information efficiently.

Operant-Conditioning Phenomena

A learning process where behavior is controlled by consequences like rewards or punishments.

Positive Reinforcement

A technique in behavior modification that involves rewarding a desired behavior to reinforce its occurrence.

Negative Reinforcement

A process in operant conditioning where a response is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.