Which of the following intangible assets may or may not be amortized depending on whether it has a finite or an indefinite life?
A) Patents.
B) Copyrights.
C) Goodwill.
D) Trademarks.
Answer: D
Which of the following intangible assets has an indefinite useful life?
A) Patents.
B) Copyrights.
C) Franchises.
D) Goodwill.
Answer: D
Which of the following intangible assets is not amortized?
A) Patents.
B) Copyrights.
C) Franchises.
D) Goodwill.
Answer: D
