Question: An intangible asset a. Is converted into a tangible asset during the operating cycle O b. is worthless because it has no physical substance O

 An intangible asset a. Is converted into a tangible asset during

An intangible asset a. Is converted into a tangible asset during the operating cycle O b. is worthless because it has no physical substance O c. Cannot be classified on the balance sheet because it lacks physical substance O d. Does not have physical substance, yet often is very valuable

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