What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country ?

Related Mcqs:

One banker’s year is equivalent to ________________ days?

A. 300 B. 360 C. 365 D. 366...

Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest?

A. 12.19 % B. 12.03 % C. 11.54 % D. 10.29 %...

The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion?

A. $ 5,000,000.00 B. $ 5,010,000.00 C. $ 5,025,000.00 D. $ 5,050,000.00...

The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ____________________?

A. Material cost B. Fixed cost C. First cost D. In-place value...

All the proceeds which are received by the business as a result of the sale of goods is called _________________?

A. Net income B. Gross income C. Net revenue D. Total sales...