When deciding the useful life of an intangible asset,which of the following is NOT a factor to be considered. A)expected action of competitors. B)the likely resale value. C)the stability of the industry in which that asset operates. D)typical product life cycles for the asset.

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The likely resale value is not a factor to be considered when deciding the useful life of an intangible asset. Factors that should be considered include the expected actions of competitors, the stability of the industry in which the asset operates, and typical product life cycles for the asset.

When Deciding the Useful Life of an Intangible Asset,which of the Following