Which of the following is a factor to ber considered when estimating the useful life of an intangible asset
A) the expected life of the asset
B) the expected life of another asset that is related to the life of the intangible asset
C) any legal provisions that enable the extension of the asset's legal life without substantial economic cost
D) all of the above

Question

Quizplus · Accepted Answer

All of the factors listed (expected life of the asset, related asset life, and legal provisions) should be considered when estimating the useful life of an intangible asset. These factors can impact the asset's economic value and how long it will be useful to the organization.

Which of the Following Is a Factor to Ber Considered