A Moving to another question will save this response. Question 1 Which of the following information is false? O A. Both tangible and intangible assets can be affected by impairment B. Impairment is loss on the book value of an asset O C. Only tangible assets are affected by impairment O D. There is no impairment if recoverable value is more that book value A Moving to another question will save this response. Moving to another question will save this response. Question 2 Which one of the following is not an intangible asset O A. Petty cash O B. Patent O C. Trademark O D. Goodwill > A Moving to another question will save this response. Question 3 Which of the following inventory system is more associated with computerized records O A. Retail inventory system O B. Cost inventory system O C. Perpetual system O D. Periodic system