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An intangible asset is a: a. valuable fixed asset that has no physical existence. b. physical fixed asset that loses value over time, such as

An intangible asset is a:

a.

valuable fixed asset that has no physical existence.

b.

physical fixed asset that loses value over time, such as equipment.

c.

fully-depreciated fixed asset which has no remaining market value.

d.

current asset with a negligible book value but considerable market value.

e.

current asset with minimial market value and no physical existence.

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