edual5426 edual5426

22-11-2019
Business

contestada

Under current accounting practice, intangible assets are classified as________.
a. amortizable or unamortizable.
b. limited-life or indefinite-life.
c. specifically identifiable or goodwill-type.
d. legally restricted or goodwill-type.

Respuesta :

Karabo99 Karabo99

25-11-2019

Answer:

b. limited-life or indefinite-life.

Explanation:

As we know that as per current accounting practice, intangible assets are classified as Limited-life or indefinite-life.

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