Which of the following is not an identifiable intangible asset?
A) A patent
B) Copyright
C) Goodwill
D) A brand name

Question

Quizplus · Accepted Answer

Goodwill is not considered an identifiable intangible asset because it cannot be separated or divided from the entity and sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract, asset, or liability. Goodwill typically arises in the acquisition of one company by another, representing the premium paid over the fair value of the identifiable net assets.

Which of the Following Is Not an Identifiable Intangible Asset