Examlex
Once Professor Caste completes running data collection for her research study,she will explain to the participants the true purpose of the study and any deceptions that were used.Her explanations are referred to as
Intangible
Assets that lack physical substance but have value due to their intellectual property or other non-physical qualities, such as patents, trademarks, and goodwill.
Amortisation
The systematic allocation of the depreciable amount of an intangible asset over its useful life.
Impairment
A reduction in the recoverable value of an asset below its carrying amount on the balance sheet, leading to a write-down of its value.
Intangible Assets
Non-physical assets owned by a business that have a useful life, such as patents, trademarks, and copyrights.
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