U.S.GAAP and IFRS distinguish three categories of long-lived assets for purposes of measuring and recognizing impairment losses.The second category addresses intangibles, other than goodwill, not subject to amortization. This category does not include:
A)brand names.
B)trademarks.
C)franchise rights.
D)renewable licenses.
E)none of the above

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The Answer of U.S.GAAP and IFRS distinguish three categories of long-lived assets for purposes of measuring and recognizing impairment losses.The second category addresses intangibles, other than goodwill, not subject to amortization. This category does not include:
A)brand names.
B)trademarks.
C)franchise rights.
D)renewable licenses.
E)none of the above

USGAAP and IFRS Distinguish Three Categories of Long-Lived Assets for Purposes