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3 Intangible assets are the rights or economic benefits, such as franchises, patents, trademarks. copyrights, and goodwill that are not physical in nature. O True

image text in transcribed 3 Intangible assets are the rights or economic benefits, such as franchises, patents, trademarks. copyrights, and goodwill that are not physical in nature. O True O False QUESTION 4 Current Liabilities are obligations that fall due beyond one year from the balance sheet date. O True False

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