Intangible assets are
A) listed under current assets on the balance sheet.
B) not listed on the balance sheet because they do not have physical substance.
C) noncurrent resources.
D) listed as a long-term investment on the balance sheet.

Question

Quizplus · Accepted Answer

Intangible assets are noncurrent resources because they provide value over a long period and are listed on the balance sheet under noncurrent assets, not current assets or long-term investments.

Intangible Assets Are