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Patents Copyrights and Trademarks are

This question belongs to Commerce Accounting
Accounting
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Patents, Copyrights and Trademarks are

Answer & Solution
Correct Answer: Option C
Patents, Copyrights and Trademarks are Intangible assets. An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets.
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MOSES MBORIKAN
MOSES MBORIKAN 4 years ago
Any expense that gives benefit for a period of less than twelve months is called ________.
A. Capital expense
B. Revenue expense
C. Revenue receipt
D. Deferred expense
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