Multiple Choice
The following statement stands true when intangible assets are compared to the currentassets
A) Useful life is short
B) Useful life is moderate
C) Useful life is long
D) all
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Following are forms of Intangible assets.<br>A)Brand, Goodwill,
Q14: Intangibility refers to ------------------<br>A)Economic benefit<br>B)Absence of future
Q15: The amount of goodwill is paid by
Q16: Under the capitalisation method, the formula for
Q17: A bundle of rights given by law
Q19: Goodwill is to be calculated at one
Q20: A firm earns ?1,00,000. The normal rate
Q21: Valuation of ------------- Assets is difficult.<br>A)Intangible<br>B)Wasting<br>C)Current<br>D)all
Q22: Break-even indicates<br>A)Revenues are more than cost<br>B)Revenues and
Q23: An exclusive legal right in the form