The three main characteristics of intangible assets are Select one: O a. identifiability, physical existence, and separability. O b. physical Existence, nonmonetary nature, and identifiability. O c. separability, identifiability, and nonmonetary nature. O d. identifiability, non-physical existence, and nonmonetary nature. When determining whether an internally developed intangible asset should be recognized, the process of generating the intangible is usually broken down into the Select one: O a. research and development phases. O b. exploitation and disposal stages. O c. research and financing elements. O d. acquisition and disposal stages. Which of the following best describes goodwill? Select one: O a. the excess of fair value transferred to acquire a business over fair value amounts assigned to identifiable assets O b. internal value generated by way of a brand image O c. a company's intentions to impact the community and environment in a favourable way O d. internal value generated by way of a company's charitable activities and philanthropic acts