Att tATOR PRINTER VERSION 4BACK Do Itt Review 9-4 Match the statement with the term most directly associated with it Rights, privileges, and competive advantages that result from the ownership of long-lived assets that do not possess physical substance. The allocation of the cost of an intangible asset to expense in a rational and systematic manner A right to sell certain products or services, or use certain trademarks or trade names within a designated geographic area Costs incurred by a company that often lead to patents or new products. These costs must be expensed as incurred 2. 3. The excess of the cost of a company over the fair value of the net assets acquired 5. Question Attempts: O of 3 used SAVE FOR LATER SUBNIT ANSWEN