The three key characteristics of intangible assets are: $$\begin{array} { | l | l | }
\hline \text { I } & \text { Expected future econorric benefit } \
\hline \text { II } & \text { Lack of physical substarice } \
\hline \text { III } & \text { Identifiable } \
\hline \text { IV } & \text { Physical substarce } \
\hline \text { V } & \text { Non-monetary in nature } \
\hline
\end{array}$$
A) I, II and III
B) I, III, and IV
C) III, IV, and V
D) II, III, and V

Question

The three key characteristics of intangible assets are: $$\begin{array} { | l | l | } 
\hline \text { I } & \text { Expected future econorric benefit } \
\hline \text { II } & \text { Lack of physical substarice } \
\hline \text { III } & \text { Identifiable } \
\hline \text { IV } & \text { Physical substarce } \
\hline \text { V } & \text { Non-monetary in nature } \
\hline
\end{array}$$
A) I, II and III
B) I, III, and IV
C) III, IV, and V
D) II, III, and V

Quizplus · Accepted Answer

Intangible assets are characterized by their lack of physical substance, identifiability, and non-monetary nature.

The Three Key Characteristics of Intangible Assets Are A) I, II and III B) I, III, and IV

The Three Key Characteristics of Intangible Assets Are A) I, II and III
B) I, III, and IV