Which does not qualify as an intangible asset

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Problem 1: In your audit of the intangible asset accounts of ASUS Industries, you have marked some notable items that seem to be mistreated by the company in terms of classifying as intangible assets. Which of the following does not qualify as an intangible asset?

A. Registered patent for its technology registered in Philippine Patenting Office
B. High Powered Laptop commercially available used in its administrative function
C. Computer software that the company created duly licensed in a regulating agency
D. Copyright of its Musical Piece used in marketing its products

Reference no: EM132821361

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