Final answer:
The d. matching principle is the accounting concept related to identifiable intangible assets other than goodwill, which dictates that the costs associated with these assets are matched with the revenues they help to generate.
Step-by-step explanation:
With respect to identifiable intangible assets other than goodwill, the correct option is d) Matching principle. The matching principle in accounting states that expenses should be recorded during the period in which they are incurred, regardless of when the transfer of cash occurs. This principle is particularly relevant to intangible assets, as it ensures that the costs associated with these assets are expensed in the correct accounting periods. For example, when a company acquires a patent, the costs of acquiring that patent should be matched with the revenue generated from the patent over its useful life, rather than being expensed all at once.
Identifiable intangible assets refer to non-physical assets such as patents, trademarks, copyrights, and customer lists. These assets have specific terms and definitions that are crucial in determining their value and accounting treatment.
For example, a patent may have a defined term of 20 years, during which the holder has exclusive rights to its use. Understanding this term is essential for accurately measuring and reporting the value of the patent and recognizing any related expenses or revenues.