CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

In what section of the balance sheet would one find patents and trademarks?

A. Property, plant, and equipment
B. Intangible assets
C. Long-term investments
Correct Answer: B

Patents, trademarks, copyrights, goodwill, brand names, and franchises are all included in the intangible assets section of the balance sheet.

User Contributed Comments 1

User Comment
johntan1979 Under the "Non-current assets" section, usually after PP&E.
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