Listed Below Are Five Terms Followed by a List of Phrases

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Intangible asset

A) Obligations payable in more than one year or longer than the operating cycle.
B) Includes buildings and land used in operations.
C) Obligations payable within one year or the operating cycle.
D) Ownership of an exclusive right.
E) Items expected to be converted to cash or consumed within one year or the operating cycle.