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intangible assets that have an indefinite useful life: multiple choice are those with no foreseeable limit on the period of time over which the asset is expected to contribute to the cash flows of the entity. are those with no legal, contractual, or economic factors that are expected to limit their useful life to a company. are those whose acquisition costs are not amortized over their useful life. all of the other answer choices are correct.

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All of the answer choices are correct.

Assuming an extended useful life, intangible assets are not amortized but rather examined for impairment once a year, or more frequently if certain events or changes in the environment suggest the asset may be compromised.

The trade names and trademarks of the Company are anticipated to continuously produce cash flows.

A tangible asset is said to have an indefinite life if there is no foreseeable end to the amount of time it will continue to provide cash flows.

Intangible assets with an infinite useful life have no quantifiable or predetermined expiration dates, unlike transient taxable disparities.

These assets will either be sold or maybe written off at some unspecified point in the future.

If there are no limitations on an intangible asset's useful life for the reporting company due to legal, regulatory, contractual, competitive, economic, or other circumstances, then it should be assumed that it has an unlimited useful life.

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