The Main Reason Why Accounting for Intangible Assets Is More

question 6

Multiple Choice

The main reason why accounting for intangible assets is more difficult than accounting for other assets is:

• A) intangible assets are inherently inert and their value can grow or dissipate quickly
• B) intangible assets may be developed internally
• C) intangible assets do not have physical substance
• D) all of the above are equally important reasons why accounting for intangible assets is more difficult than accounting for other assets

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