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Yes licence is an identifiable intangile assets as licence is provided with some kind of prove document which is used as a licences.
Wiki User
∙ 9y ago
Yes, a license can be considered an identifiable intangible asset. An identifiable intangible asset is a non-physical asset that can be separately identified and has a measurable value. A license grants the holder the right to use a specific intellectual property or resource, and it can be bought, sold, or transferred, thus meeting the criteria of an identifiable intangible asset.
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Is a prepaid asset considered an intangible asset?
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
Is prepaid deposit intangible?
No, Intangible Assets generally refer to such assets that are not physical. A prepaid deposit will be considered a Current Asset, usually lasting a year or less.Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. These include such things as Patents, Trademarks, Goodwill, Copyrights.
What Types of fixed asset?
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Is branding a intangible asset?
Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
Is accounts receivables a fixed asset or intangible asset?
The answer is neither one. Accounts receivable are a current asset; neither an intangible asset (e.g. goodwill) nor a fixed asset (e.g. plant and equipment).
Why goodwill is an intangible asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is plant asset intangible?
No it is tangible.
Is a masthead an intangible asset?
Yes, it is
Are patents intangible assets?
patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.
Is a song download an intangible asset?
I think it is.
Is life insurance a tangible asset?
no, intangible
Examples of intangible asset?
Most common example of intengible asset is "GOODWILL"
