Intangible assets are
A) listed under current assets on the statement of financial position.
B) not listed on the statement of financial position because they do not have physical substance.
C) non-current resources.
D) listed as a long-term investment on the statement of financial position.

Question

Quizplus · Accepted Answer

Intangible assets are non-current resources because they provide value to a company over a long period and are not expected to be converted into cash within a year.

Intangible Assets Are