Briefly describe the three types of intangible assets in terms of amortization and impairment.

Question:

Briefly describe the three types of in terms of amortization and impairment.

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...