- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 3. Analyzing Balance Sheets
- Subject 1. Intangible Assets
CFA Practice Question
Which item among the following is not an intangible asset?
B. An account receivable
C. Goodwill
A. A trademark/patent
B. An account receivable
C. Goodwill
Correct Answer: B
User Contributed Comments 2
User | Comment |
---|---|
holtz | WHAT? |
Inaganti6 | Intangible Assets provide benefits over long term, A/R turns to cash within 1 year or operating cycle.... whereas goodwill and patents have longer benefit horizons |