Question: What is an intangible asset? Multiple select question. Intangible assets are used to produce or sell products and services and are usually depreciated. Intangible assets

What is an intangible asset?
Multiple select question.
Intangible assets are used to produce or sell products and services and are usually depreciated.
Intangible assets can easily be converted to cash.
Intangible assets are long-term resources that benefit business operations, but lack physical form.
The value of intangible assets comes from the privileges or rights granted to or held by the owner.

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