The cost of an intangible asset includes all of the following except
A)purchase price.
B)legal fees.
C)other incidental expenses.
D)all of these are included.

Question

Quizplus · Accepted Answer

The cost of an intangible asset includes all of the items listed in the options - purchase price, legal fees, and other incidental expenses, so all of them are included in the cost of an intangible asset.

The Cost of an Intangible Asset Includes All of the Following