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Intangible assets are the rights and privileges that result from ownership of long-lived assets that a)have been exchanged at a gain. b)must be generated internally.

Intangible assets are the rights and privileges that result from ownership of long-lived assets that

a)have been exchanged at a gain.

b)must be generated internally.

c)are depreciated over their useful life.

d)do not have physical substance.

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