Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Intangible assets amortized on it's life period if:

A- it has life period  

B- it has not determinable life 

C- either ( A ) or (B) 

D- neither (A) nor (B) 

 

user-image
Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/13
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

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)

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

A- >>>>>>>>>>>>>>>>>>>>>>>>it has life period  

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

correct answer is A ........

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

a-             

It has a determinable life period

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.