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  3. 7. an intangible asset a. derives its value from t

7. An intangible asset a. derives its value from the rights and privileges it provides...

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Accounting

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7. An intangible asset a. derives its value from the rights and privileges it provides the owner. b. is worthless because it has no physical substance. c. is converted into a tangible asset during the operating cycle. d. cannot be classified on the balance sheet because it lacks physical substance

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