Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 7 of 9
Which item among the following is not an intangible asset?
B. An account receivable
C. Goodwill
A. A trademark/patent
B. An account receivable
C. Goodwill
User Contributed Comments 2
| User | Comment |
|---|---|
| holtz | WHAT? |
| Inaganti6 | Intangible Assets provide benefits over long term, A/R turns to cash within 1 year or operating cycle.... whereas goodwill and patents have longer benefit horizons |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
explain the financial reporting and disclosures related to intangible assets
CFA® 2025 Level I Curriculum, Volume 2, Module 3.