Solved

Match the Term and the Definition \rightarrow Or TM

Question 71

Short Answer

Match the term and the definition.Not all definitions will be used.
_____ Accelerated amortization
_____ Goodwill
_____ Patent
_____ EBITDA
_____ Net book value
_____ Fixed assets
_____ Straight-line amortization
_____ Residual value
_____ Trademark
A.Names or images that appear with a \rightarrow or TM.
B.A tax law dealing with how companies can amortize their assets.
C.An intangible asset that represents the value of unidentifiable assets.
D.Revenue that a company receives through a licensing agreement.
E.Assets whose values do not change over time.
F.When a company expenses the cost of a long-lived asset by a constant annual amount.
G.The acquisition cost of an asset minus its accumulated amortization.
H.The estimated total use a company expects to receive from an asset.
I.Net income plus interest,taxes,and amortization expenses.
J.What a company expects to receive when an asset is disposed of at the end of its useful life.
K.What a company presents on its balance sheet as the fair market value of an asset.
L.When a company expenses the entire cost of a long-lived asset in the first year of use.
M.Tangible long-lived assets.
N.When a company receives free publicity in return for charitable contributions.
O.When a company allocates the cost of a long-lived asset at a higher rate in the first years of use.
P.The exclusive right to sell or use a product or process that is granted to encourage innovation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions