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4. Which of the following regarding intangible assets is false: A. Intangible assets can be purchased or sold. B. Some intangible assets are amortized over

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4. Which of the following regarding intangible assets is false: A. Intangible assets can be purchased or sold. B. Some intangible assets are amortized over their useful life. C. A patent purchased externally from a competitor can be recorded on the balance sheet. D. The value of the Nike Swoosh is an intangible asset on Nike's balance sheet

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