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True or False 1.____ Some intangible assets are not required to be amortized every year. 2.____ Internally created intangibles are recorded at cost. 3.____ Internally
True or False
1.____ Some intangible assets are not required to be amortized every year.
2.____ Internally created intangibles are recorded at cost.
3.____ Internally generated intangible assets are initially recorded at fair value.
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