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Which of the following items would not be recognised as an intangible asset in a business combination? Group of answer choices experienced marketing team. trademarks. newspaper mastheads. patents.

Question

Which of the following items would not be recognised as an intangible asset in a business combination?

Group of answer choices

experienced marketing team.

trademarks.

newspaper mastheads.

patents.

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Solution 1

The item that would not be recognised as an intangible asset in a business combination is the "experienced marketing team".

Here's why:

  1. Intangible assets are non-physical assets that have a monetary value since they represent potential revenue. Intangible assets include patents, copyrights, franchises, goodwill, trademarks, and trade names.

  2. The value of these assets is not physical (you can’t touch them), but they can still be owned by a company and can be sold or transferred to another company.

  3. An experienced marketing team, while valuable, is not an asset that can be owned, sold, or transferred in the same way. The team's value is based on the individuals in the team, not something the company has a right to. If the individuals leave the company, the value leaves with them. Therefore, it's not considered an intangible asset.

This problem has been solved

Solution 2

The item that would not be recognised as an intangible asset in a business combination is the "experienced marketing team".

Here's why:

  1. Intangible assets are non-physical assets that have a monetary value since they represent potential revenue. Intangible assets include patents, copyrights, franchises, goodwill, trademarks, and trade names.

  2. The value of these assets is not physical (you can’t touch them

This problem has been solved

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