Question 17 (1 point)

Drilling rights are legal permissions to extract natural resources from the earth and are treated as intangible assets.

	True
	False

Question 18 (1 point)

A copyright gives its owner the exclusive right to publish and sell a musical, literary, or artistic work during the life of the creator plus 20 years

	True
	False

Question 19 (1 point)

Goodwill is not depreciated or amortized but is instead decreased only if its value has been determined by management to be impaired

	True
	False

Question 20 (1 point)

The impairment of goodwill appears directly on the statement of changes in equity and not on the income statement

	True
	False