ACC 304 All Assignments ACC 304 All Assignments | Page 212

39. When a company develops a trademark the costs directly
related to securing it should generally be capitalized. Which of the
following costs associated with a trademark would not be allowed to be
capitalized?
a. Attorney fees.
b. Consulting fees.
c. Research and development fees.
d. Design costs.
40. In a business combination, companies record identifiable
intangible assets that they can reliably measure. All other intangible
assets, too difficult to identify or measure, are recorded as:
a. other assets.
b. indirect costs.