A license to use a company trademark should be viewed as an access right, with revenue recognized over the license period.

Name: A license to use a company trademark should be viewed as an access right, with revenue recognized over the license period.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

A license to use a company trademark grants the licensee access to the use of the trademark. The revenue generated from the license is typically recognized over the license period because it is a form of ongoing contractual arrangement.

A License to Use a Company Trademark Should Be Viewed