Intangible assets

3. Legally protected right purchased by a franchisee to sell products (10 letters, noun)
7. If net book value > Estimated future cash flows, then the asset is _______ (8 letters, adjective)
8. Cost allocation process similar to depreciation and depletion (12 letters, noun)
9. The exclusive right to publish, use, and sell a literary, musical, or artistic work (9 letters, noun)
10. Exclusive right granted by the federal government to sell or manufacture an invention (7 letters, noun)
12. ____ = Cash Received – Book Value (4 letters, noun)
13. Intangible assets with __________ lives are not amortized. They must be tested at least annually for possible impairment of value (10 letters, adjective)
14. Writing off the plant asset’s cost with a ____ (6 letters, noun)

1. _____ expenditures which extend the life of the asset, are capitalized instead of expensed(7 letters, adjective)
2. Occurs when one company buys another company (8 letters, noun)
4. What type of method is it? Depreciation Expense = (Cost - Residual Value) X 1/Useful Life (12 letters, adjective)
5. Long-lived assets without physical substance (10 letters, adjective)
6. A process of cost allocation (12 letters, noun)
11. A category of intangible assets that includes a company’s website and any computer programs written by its employees (10 letters, noun)
15. A symbol, design, or logo associated with a business (9 letters, noun)