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Which of the following is the correct accounting treatment for a patent? Select one: O A. A patent must be shown as a current asset

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Which of the following is the correct accounting treatment for a patent? Select one: O A. A patent must be shown as a current asset on the Statement of financial position. OB. A patent must be capitalized and amortized over 20 years or less. O C. A patent must be depreciated or impaired, but not amortized. O D. A patent must be expensed, not capitalized, in the period in which it is purchased

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