Which of the following previously unreported intangible assets is most likely to be classified as an indefinite life identifiable intangible asset at the date of acqquisition?

Question

Quizplus · Accepted Answer

In-process research & development is considered an indefinite life intangible asset because it has the potential for future economic benefits but does not have a finite life until the research is completed or abandoned.

Which of the Following Previously Unreported Intangible Assets Is Most