Intangible assets:

Intangible assets:
A) Are rights, privileges, and competitive advantages to the owner, used in operations, having no physical substance.
B) Can be amortized.
C) Are rights, privileges, and competitive advantages to the owner, used in operations, having no physical substance and can be amortized.
D) Include patents, leaseholds, and land improvements.
E) All of these answers are correct.


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