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Intangible assets: a) should be reported as Current Assets on the statement of financial position. b) must be reported under the heading Property, Plant, and
Intangible assets:
a) should be reported as Current Assets on the statement of financial position.
b) must be reported under the heading Property, Plant, and Equipment.
c)are not reported on the statement of financial position because they lack physical substance.
d) should be reported separately from Property, Plant, and Equipment.
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