The notes to the financial statements should include information about acquired intangible assets, and aggregate amortization expense for how many succeeding years?
A) 6
B) 5
C) 4
D) 3

Question

Quizplus · Accepted Answer

The notes to the financial statements should include information about acquired intangible assets and aggregate amortization expense for the next five succeeding years. This is a standard disclosure requirement to provide users of financial statements with insight into the future impact of these assets on the financial position and performance of the entity.

The Notes to the Financial Statements Should Include Information About