Intangible assets differ from plant assets in that they:
A)are consumed in the current accounting period.
B)include prepaid expenses that extend beyond the current accounting period.
C)have no physical existence.
D)are matched against the revenue in the period the related revenue is recognized.

Question

Quizplus · Accepted Answer

Intangible assets have no physical existence, unlike plant assets which have a tangible or physical form.

Intangible Assets Differ from Plant Assets in That They