Intangible Assets

question 199

Multiple Choice

Intangible assets:

• A) Are rights,privileges,and competitive advantages to the owner,used in operations,having no physical substance.
• B) Include patents,leaseholds,and land improvements.
• C) Can be amortized.
• D) Are rights,privileges,and competitive advantages to the owner,used in operations,having no physical substance and can be amortized.
• E) All of these answers are correct.

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Definitions:

Sensitivity

The ability or capacity to perceive, understand, and respond appropriately to the emotions, thoughts, or experiences of others.

Effectiveness

The degree to which something is successful in producing a desired result; efficiency.

Client System

In social work, this term refers to the individual, family, group, or community that is seeking help or services.

Termination Phase

In counseling and therapy, it refers to the final stage of the client-professional relationship where therapy goals have been met and the relationship is ended.