Final answer:
Not all intangibles are subject to periodic consideration of impairment with corresponding potential write-downs.
Step-by-step explanation:
False. Not all intangibles are subject to periodic consideration of impairment with corresponding potential write-downs. Intangibles with an indefinite useful life are not tested for impairment but are instead subject to periodic assessment to determine whether the indefinite useful life assumption is still appropriate. Intangibles with a definite useful life are tested for impairment when there are indicators of potential impairment, such as a significant adverse change in the asset's market value or the asset becoming obsolete.