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The Primary Distinction Between Tangible and Intangible Assets Is That

Question 50

Multiple Choice

The primary distinction between tangible and intangible assets is that:


A) intangible assets have a physical existence while tangible assets do not.
B) intangible assets do not have a physical existence while tangible assets do.
C) since tangible assets do not have a physical existence they do not show up on the balance sheet.
D) since intangible assets do not have a physical existence they do not show up on the balance sheet.

Correct Answer:

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