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Which of the following costs would not be included in the cost of a patent? O Filing fees. O Research and development costs related to
Which of the following costs would not be included in the cost of a patent? O Filing fees. O Research and development costs related to product development. O Legal fees to file for patent protection. O The purchase price. Which of the following is NOT generally true of intangible assets and goodwill? O Many major public companies have significant amounts of intangible assets and goodwill listed on their balance sheets. The major assets of today's information and service providers are likely to be tangible. O The major assets of today's information and service providers are likely to be intangible. Since identifying and measuring intangibles and goodwill is often difficult, they are not always reported on the balance sheet
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