Which is not within the definition of an intangible asset? A resource from which future economic benefits are expected to flow to the enterprise Identifiable nonmonetary asset without physical substance A resource controlled by an enterprise as a result of past events Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes.
Which is not within the definition of an intangible asset? A resource from which future economic benefits are expected to flow to the enterprise Identifiable nonmonetary asset without physical substance A resource controlled by an enterprise as a result of past events Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter12: Auditing Long-lived Assets And Merger And Acquisition Activity
Section: Chapter Questions
Problem 33CYBK
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![Which is not within the definition of an intangible asset?
A resource from which future economic benefits are expected to flow to the enterprise
Identifiable nonmonetary asset without physical substance
A resource controlled by an enterprise as a result of past events
Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F328a836c-cd7b-454a-ace1-d93be5121818%2F84546e1c-54a8-43de-a727-99e0a2210d38%2Fxag9zjb_processed.png&w=3840&q=75)
Transcribed Image Text:Which is not within the definition of an intangible asset?
A resource from which future economic benefits are expected to flow to the enterprise
Identifiable nonmonetary asset without physical substance
A resource controlled by an enterprise as a result of past events
Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes.
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