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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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