Intangible assets are
A) listed directly under current assets on the balance sheet.
B) not listed on the balance sheet because they do not have physical substance.
C) listed after property, plant, and equipment.
D) listed as a long-term investment on the balance sheet.

Question

Quizplus · Accepted Answer

Intangible assets are listed on the balance sheet after property, plant, and equipment because they are long-term assets that lack physical substance but provide future economic benefits.

Intangible Assets Are