Question: An intangible asset O A. is converted into a tangible asset during the operating cycle. O B. cannot be classified on the balance sheet because

An intangible asset O A. is converted into a tangible asset during the operating cycle. O B. cannot be classified on the balance sheet because it lacks physical substance. OC. is worthless because it has no physical substance. O D.does not have physical substance, yet often is very valuable

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