Which of the Following Is/are Not True

Multiple Choice

Which of the following is/are not true?

A) For buildings, common practice assumes a zero salvage value on the assumption that the costs a firm will incur in tearing down the building will approximate the sales value of the scrap materials recovered.
B) Tangible assets, with the exception of buildings, may have substantial salvage value.
C) Intangible assets related to a contractual right, such as landing rights at an airport or franchise rights to sell a franchiser's products, generally expire at a specific time and therefore have zero residual value.
D) Identifiable intangibles acquired in a business combination that are separable, such as customer lists or brand names, may have significant salvage values.
E) none of the above