10 Questions
What are intangible assets difficult to value?
Due to market failures of rivalry and excludability
Which of the following is an example of an intangible asset?
Trademarks
What is the purpose of defining intangible assets from an accountant's perspective?
To understand their true nature
Which of the following is NOT an intangible asset?
Machinery
What is the role of intangible assets in the corporate economy?
They contribute to the disparity between accounting records and market capitalization
Your donations help someone find a ______, strengthen your community and preserve the planet.
job
When you donate your new and gently used items, local Goodwill organizations sell them in ______ and online generating revenue to provide valuable employment training and job placement services for people in your community.
stores
Looking for the nearest ______. Use our locator to find the nearest career center (for help finding a job), retail store, donation site, or outlet store (which sells items in bulk) operated by our network of more than 150 independent, community-based Goodwills.
Goodwill
In many cases, the items collected in ______ often support for-profit groups, rather than aiding nonprofit.
bins
Ready to ______. Just follow these three steps.
donate
Test your knowledge on intangible assets with this quiz! Learn about patents, copyrights, trademarks, and more. Challenge yourself to differentiate between intangible assets and physical or financial assets.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
