The fundamental difference between identifiable and unidentifiable intangible assets is whether the assets are separable from the business.

Question

Quizplus · Accepted Answer

Identifiable intangible assets are separable from the business, meaning they can be sold or transferred independently. Unidentifiable intangible assets, also known as goodwill, are not separable and cannot be sold or transferred independently.

The Fundamental Difference Between Identifiable and Unidentifiable Intangible Assets Is