Which of the following assets is not considered to have an indefinite useful life?
A) copyright
B) goodwill
C) renewable franchise
D) trademark

Name: Which of the following assets is not considered to have an indefinite useful life? A) copyright B) goodwill C) renewable franchise D) trademark
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Copyrights have a definite useful life, typically lasting the life of the author plus a certain number of years, unlike goodwill, renewable franchises, and trademarks which can have indefinite useful lives.

Which of the Following Assets Is Not Considered to Have