Which of the following is an intangible asset that is not typically amortized?
A)patent
B)copyright
C)franchise
D)trademark

Question

Quizplus · Accepted Answer

Trademarks are intangible assets that are not typically amortized. While patents, copyrights, and franchises are typically amortized over their useful lives, trademarks are generally not subject to amortization because their useful lives tend to be indefinite. Instead, companies periodically evaluate their trademarks to determine if any impairment has occurred, requiring a write-down in their value.

Which of the Following Is an Intangible Asset That Is