A trademark is an example of which general category of intangible asset that should be recognized separately according to current generally accepted accounting principles?
A) Marketing-related
B) Customer-related
C) Artistic-related
D) Contract-based

Question

Quizplus · Accepted Answer

A trademark is classified as a marketing-related intangible asset, which is a general category of intangible assets that should be recognized separately according to current generally accepted accounting principles.

A Trademark Is an Example of Which General Category of Intangible