Which of the following would typically be recorded as an intangible asset with a finite useful life?
A) Franchises
B) Trademarks
C) Brand name
D) Goodwill

Question

Quizplus · Accepted Answer

Franchises are typically recorded as intangible assets with a finite useful life because they are legal agreements that grant rights for a specified period of time, after which they may need to be renewed.

Which of the Following Would Typically Be Recorded as an Intangible