LITERATURE QUESTIONS
ELEMENTS OF LITERATURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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nature and the outdoors
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objects of human manufacture and construction
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cultural
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philosophical intangibles
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Detailed explanation-1: -Research Cost are not considered as an intangible asset in the balance sheet anymore.
Detailed explanation-2: -An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory.
Detailed explanation-3: -Goodwill, Patent, Trademarks, are some of the examples of intangible assets.
Detailed explanation-4: -Patents, copyrights and licenses. Customer lists and relationships. Non-compete agreements. Favorable financing. Software. Trained and assembled workforces. Contracts. Leasehold interests. More items