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Which of the following is True? i. Purchased intangible assets are recorded as an asset on balance sheet. ii. If the purchased intangible assets has
Which of the following is True? i. Purchased intangible assets are recorded as an asset on balance sheet. ii. If the purchased intangible assets has definite life, amortization is needed. iii. If the purchased intangible assets has indefinite life, annual review for impairment is needed. All are true Only iii Only i Only
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