7-How do fixed assets differ from intangible assets? Select one:

A. Assets have physical existence, while intangibles have no physical existence

B. Fixed assets are used in the operations of the business, while intangible are not

C. Fixed assets provide benefits that extend beyond the current accounting period, while intangibles benefit only the current period

D. The cost of fixed assets is allocated over the asset's expected useful life while the cost of intangibles is expensed when incurred