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For each description identify the type of long-term asset. 1. Results from a business combination transaction, has no physical substance and it cannot be separated
For each description identify the type of long-term asset. 1. Results from a business combination transaction, has no physical substance and it cannot be separated from the business it is a part of. 2. Have no physical substance but provide economic benefits due to the rights they impart on the organization that owns them 3. Have physical substance, provide economic benefits to the organization as they are used in combination with other assets to generate Goodwill Intangible Assets Property, Plant, and Equipment revenue
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