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:

Verified
Correct Answer:
Verified
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