Which Characteristic Is Not Possessed by Intangible Assets

question 133

Multiple Choice

Which characteristic is not possessed by intangible assets?

• A) Physical existence.
• B) Long-lived.
• C) Result in future benefits.
• D) Expensed over current and/or future years.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, entitling them to a portion of the company's profits and assets.

Dividend Policy

A company's strategy or policy for distributing a portion of its earnings to shareholders in the form of dividends.

Cash Flow

The full volume of financial resources being exchanged in and out of an enterprise, directly affecting its operational liquidity.