Intangible assets may be further classified as:

Question

Quizplus · Accepted Answer

Intangible assets may be classified as identifiable and unidentifiable. Identifiable intangible assets have a clear monetary value and can be separately identified and measured, such as patents or trademarks. Unidentifiable intangible assets do not have a clear monetary value and cannot be separately identified and measured, such as brand reputation or goodwill. The other classifications listed (production/non-production, physical/non-physical, living/non-living) are not typically used to classify intangible assets.

Intangible Assets May Be Further Classified As