1) | c] Long lived | |
2) | c] Expensed as incurred | |
3) | b] Straight line | |
4) | iii] Yes, No | |
5) | b] Is the difference between………acquired | |
business. | ||
6) | d] Cost of marketing research to promote a | |
product. | ||
7) | Patent BB's value = 280000*240000/320000 = | $ 2,10,000 |
Answer: Option [d] |
1. Which of the following characteristics do intangible assets possess? a. Physical existence. b. Claim to...
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