Determine if the following statements are true or false, then select the correct choice below. _____ An intangible asset lacks physical substance.

_____ Most intangible assets are amortized, which means their cost is spread over their useful lives.

_____ An intangible asset is typically a right which helps its owner generate revenues.

	a.	true, true, true
	b.	true, false, true
	c.	true, false, false
	d.	true, true, false