Intangible assets are
A) listed under current assets on the balance sheet.
B) not listed on the balance sheet because they do not have physical substance.
C) listed as a separate category on the balance sheet.
D) listed as a long-term investment on the balance sheet.

Question

Quizplus · Accepted Answer

Intangible assets are listed as a separate category on the balance sheet because they represent non-physical assets that have value, such as patents, trademarks, and copyrights.

Intangible Assets Are