Intangible assets are long-term resources that benefit business operations, usually lack physical form and have uncertain benefits.

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Intangible assets include things like copyrights, patents, trademarks, and goodwill, which do not have a physical presence but can still provide long-term benefits to a business. These assets are often uncertain in terms of their value and can be difficult to quantify.

Intangible Assets Are Long-Term Resources That Benefit Business Operations, Usually