Business Studies, asked by marjinatamanna84, 7 months ago

which of the following is not an example of a limited life intangible asset..?

Answers

Answered by TheMishraJii

6

Intangible assets with identifiable useful lives (limited-life) include copyrights and patents. These items are amortized on a straight-line basis over their economic or legal life, whichever is shorter. Some examples of indefinite-life intangibles are goodwill, trademarks, and perpetual franchises.

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