Refer to the Following Breakdown of Responses to a Survey

question 111

Multiple Choice

Refer to the following breakdown of responses to a survey of "How confident are you that you saved enough to retire?" What is the class interval for the preceding frequency table?

• A)10
• B)20
• C)40
• D)None Apply

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Definitions:

Intangible

An intangible asset is an asset that lacks physical substance, such as intellectual property, goodwill, and licensing agreements.

Amortization

The process of spreading the cost of an intangible asset over its useful life, recognizing a portion of the expense each accounting period.

Intangible Assets

Non-physical assets owned by a business that have value, such as intellectual property, brand recognition, and goodwill.

Discarding

The act of getting rid of something that is no longer useful or desired, within a context like inventory management or manufacturing.