Justification for Having Both Intangible Assets and Other Assets Listed

Multiple Choice

Justification for having both intangible assets and other assets listed on a balance sheet include

A) that intangible assets have no physical existence and other assets are deferred charges
B) that having more items listed on the balance sheet improves the users' understanding of the company
C) that the intangible assets are more important than the tangible assets
D) that the other asset classification is important because goodwill cannot be amortized, so it needs to be recorded on the balance sheet