Intangible Assets That Have an Indefinite Useful Life

Multiple Choice

Intangible assets that have an indefinite useful life:

A) Are those with no foreseeable limit on the period of time over which the asset is expected to contribute to the cash flows of the entity.
B) Are those with no legal, contractual, or economic factors that are expected to limit their useful life to a company.
C) Are those whose acquisition costs is not amortized over their useful life.
D) All of these answer choices are correct.