intqngible assets whats is cost for licensed, bonds insurances etc?
It's intangible
Tangible costs are things that a business would write a check out for, such as insurance, salaries, leases, and medical benefits. Intangible costs are things such as lower employee morale, dissatisfaction from customers due to lower quality customer service, or unhappy with working conditions.
It is an intangible economic activity that cannot be touched or carried.It is an intangible economic activity that cannot be touched or carried
Tangible would include the money and products that are in the economy. The intangible would be the value placed on the products in the economy.
Intangible assets are basically fixed assets that have no physical status (e.g. goodwill, patentright,copyright etc) . The Intangible assets are written off after a specified period. Fictitious assets also have no physical existence but they only include the assets having the nature of deffered revenue expenditures (e.g. deffered advertisement expenses, discount on issue of shares or debentures).
It is a prepaid expense to be expensed over time. Not an intangible.
Is how to describe the cost of good and service , tangibles and intangible how to determined.
YES
Allocation of cost of intangible asset is called as amortization.
amortization
depreciation
Some of the basic issues related to accounting for intangible assets are non-monetary assets which are not seeable. This generates time and effort to classify separate asset. Legal intangibles and Competitive intangible are customers' information, rights, and cost within the organization. It is also recorded as organization's cost.
Costs which can not attributed with a usual financial analysis. For example if we talk about a gold mine project, the possible cost of law suits with local people around the gold mine due to the pollution of the gold mine is an intangible cost regarding the evaluation of the project.
The output, the cost and the profitability of the idea's impact are some of the intangible benefits to take into consideration both at the end and beginning of an idea's impact.
The "film industry" is intangible therefore impossible to purchase.
1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets
It's intangible