Is an asset required to have a finite life to be classified as a long- term operating

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Is an asset required to have a finite life to be classified as a long- term operating asset?

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 04:57 AM

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Is an asset required to have a finite life to be classified as a long- term operating

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Intangible assets do not have to have a finite life to be classified as a longterm operating asset H...View the full answer

Intermediate Accounting

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