USGAAP and IFRS Distinguish Three Categories of Long-Lived Assets for Purposes

Multiple Choice

U.S.GAAP and IFRS distinguish three categories of long-lived assets for purposes of measuring and recognizing impairment losses.The second category addresses intangibles, other than goodwill, not subject to amortization. This category does not include:

A) brand names.
B) trademarks.
C) franchise rights.
D) renewable licenses.
E) none of the above