In Evaluating Control Risk and Effectiveness for Intangible Assets,controls Should

question 65

Multiple Choice

In evaluating control risk and effectiveness for intangible assets,controls should be designed for numerous purposes.Which of the following is not a usual control for intangible assets?

• A)ensure that decisions are appropriately made as to when to capitalize or expense research and development expenditures.
• B)develop amortization schedules that reflect the remaining useful life of patents or copyrights associated with the assets.
• C)identify and account for intangible asset impairment.
• D)all of the above are usual controls for intangible assets.

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Definitions:

Pacinian Corpuscles

Specialized nerve endings in the skin and visceral organs sensitive to pressure and vibration.

Meissner Corpuscles

Specialized nerve endings found in the skin that are responsible for sensitivity to light touch.

Ruffini End Organs

Sensory receptors in the skin and fascia that detect stretch and twists, contributing to the kinesthetic sense and control of finger position and movement.

Hair Follicle Receptors

Sensory nerve endings around the base of hair follicles that detect touch or movement on the skin's surface.