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    Survey of Accounting Study Set 7
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    Exam 3: Basic Accounting Systems: Accrual Basis
  5. Question
    _____ Represent Rights of a Long-Term Nature, Such as Patent
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_____ Represent Rights of a Long-Term Nature, Such as Patent

Question 84

Question 84

Multiple Choice

_____ represent rights of a long-term nature, such as patent rights, copyrights, and goodwill.


A) Accrued revenues
B) Intangible assets
C) Retained earnings
D) Long-term liabilities

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