CFA Practice Question

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CFA Practice Question

In what section of the balance sheet would one find patents and trademarks?

A. Property, plant, and equipment
B. Intangible assets
C. Long-term investments
Correct Answer: B

Patents, trademarks, copyrights, goodwill, brand names, and franchises are all included in the intangible assets section of the balance sheet.

User Contributed Comments 1

User Comment
johntan1979 Under the "Non-current assets" section, usually after PP&E.
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