Multiple Choice
In evaluating control risk and effectiveness for intangible assets,controls should be designed for numerous purposes.Which of the following is not a usual control for intangible assets?
A) ensure that decisions are appropriately made as to when to capitalize or expense research and development expenditures.
B) develop amortization schedules that reflect the remaining useful life of patents or copyrights associated with the assets.
C) identify and account for intangible asset impairment.
D) all of the above are usual controls for intangible assets.
Correct Answer:
Verified
Correct Answer:
Verified
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