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Based on the videos and the resources online about Intangible assets, answer the following on the space provided. 1. Definition a. Intangible assets b.

Based on the videos and the resources online about Intangible assets, answer the following on the space provided. 1. Definition a. Intangible assets b. Amortization c. Patent d. Copyright e. Franchise f. Technical feasibility 2. Recognition criteria 3. Measurement a. Initial b. Subsequent 4. Give at least 10 examples (account titles) of intangible assets. 5. Discuss the major difference between Tangible Assets (Property, plant and equipment) versus Intangible assets (5 points).

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1 Definitions a Intangible assets Intangible assets are nonphysical assets that have a longterm value for a company They include assets such as patents copyrights trademarks and goodwill b Amortizatio... blur-text-image

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