Which of the Following Statements Is True Concerning Intangible Assets

Multiple Choice

Which of the following statements is true concerning intangible assets?

A) Intangible assets have no economic substance.
B) Intangible assets lack physical existence.
C) Intangible assets are listed in the Stockholders' Equity section of the balance sheet.
D) Intangible assets appear in the Current Assets section of the balance sheet.