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________ is not established at once by a manager,but evolves slowly over time.
Intangible Assets
Assets that lack physical substance but provide economic value, such as intellectual property, brand recognition, and licenses.
Tangible Assets
Physical assets that can be seen and touched, such as buildings, machinery, and inventory.
Long-term Assets
Assets owned by a company meant to provide value for more than one year, such as real estate, machinery, or patents.
Current Assets
Resources that are anticipated to be turned into cash, sold, or utilized within a year or during the standard operational cycle of a company.
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