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    Intermediate Accounting Study Set 9
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    Exam 12: Intangible Assets
  5. Question
    Which Characteristic Is Not Possessed by Intangible Assets
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Which Characteristic Is Not Possessed by Intangible Assets

Question 133

Question 133

Multiple Choice

Which characteristic is not possessed by intangible assets?


A) Physical existence.
B) Long-lived.
C) Result in future benefits.
D) Expensed over current and/or future years.

Correct Answer:

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