There are two primary reasons to conduct an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual property is being properly protected. The second reason for a company to conduct an intellectual property audit is to ________.
A) remain prepared for a Security & Exchange Commission spot inspection
B) remain prepared to justify its value in the event of a merger or acquisition
C) remain prepared for an initial public offering
D) update the value of its intellectual property on its balance sheet
E) make sure no intellectual property has been stolen

Question

Quizplus · Accepted Answer

Conducting an intellectual property audit can help a company determine the value of its intellectual property assets, which can be important in the event of a merger or acquisition. It allows the company to demonstrate the extent of its intellectual property portfolio and provide evidence of its value.

There Are Two Primary Reasons to Conduct an Intellectual Property