Question: What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortized?

What is an intangible asset? Should all be subject to amortization? Explain why or why not. Why are some not amortized? What is the implication to the financial statements?

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Intangible asset is an asset which has no physical existence these includes assets ... View full answer

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