Which of the Following Statements Is (Are)true? (1)

Multiple Choice

Which of the following statements is (are) true? (1) .An asset is a cost that will be matched with revenues in a future accounting period.(2) .Opportunity costs are recorded as intangible assets in the current accounting period.

A) Only (1) is true.
B) Only (2) is true.
C) Both (1) and (2) are true.
D) Neither (1) nor (2) are true.