Register now or log in to join your professional community.
A- it has life period
B- it has not determinable life
C- either ( A ) or (B)
D- neither (A) nor (B)
Limited-life intangibles are intangible assets with a limited useful life, such as copyrights, patents and trademarks.
Intangible assets are non-monetary assets that can not be seen, touched or physically measured.Intangible assets are created through time and effort, and are identifiable as separate assets.
Non-physical or "intangible" assets are amortized to reflect the change in their value due to use, expiration or obsolescence over time.
Answer option: C- either ( A ) or (B)
A- >>>>>>>>>>>>>>>>>>>>>>>>it has life period
correct answer is A ........
a-
It has a determinable life period
