Which of the following statements is false:
If an intangible asset has a finite life, it should be amortized.
The amortization period of an intangible asset can exceed 20 years.
Goodwill is recocded only when a business is purchased.
Research and development costs are expensed when incurred, except when the research and development expenditures result in a successful patent.

The answer is the third one or c

Absolute

Americans often speak of their country as one of several large regions.  these regions are cultural units rather than governmental units --  formed by history and geography and shaped by the economics, literature and folkways that all the parts of a region share. what makes one region different from another? a region's multicultural heritage as well as distinct demographic characteristics like age and occupation make regions different and special. within several regions, language is used differently and there are strong dialects. there are also differences in outlook and attitude based on geography.