How do fixed assets differ from intangible assets? A. ...
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Accounting
How do fixed assets differ from intangible assets?
A. | Fixed assets are used in the operations of the business, while intangible are not | |
B. | Fixed assets provide benefits that extend beyond the current accounting period, while intangibles benefit only the current period | |
C. | The cost of fixed assets is allocated over the asset's expected useful life while the cost of intangibles is expensed when incurred | |
D. | Assets have physical existence, while intangibles have no physical existence |
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