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    Accounting Study Set 4
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    Exam 10: Long-Term Assets: Fixed and Intangible
  5. Question
    Long-Lived Assets That Are Intangible in Nature, Used in the Operations
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Long-Lived Assets That Are Intangible in Nature, Used in the Operations

Question 59

Question 59

True/False

Long-lived assets that are intangible in nature, used in the operations of the business, and not held for sale in the ordinary course of business are called fixed assets.

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