The Primary Distinction Between Tangible and Intangible Assets Is That

question 50

Multiple Choice

The primary distinction between tangible and intangible assets is that:

• A) intangible assets have a physical existence while tangible assets do not.
• B) intangible assets do not have a physical existence while tangible assets do.
• C) since tangible assets do not have a physical existence they do not show up on the balance sheet.
• D) since intangible assets do not have a physical existence they do not show up on the balance sheet.

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Definitions:

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