Which of the following statements regarding intangible assets is incorrect? Select one: A. Intangible assets are not reported on the balance sheet. B. Intangible assets have no physical form. C. Intangible assets are valuable because of the special rights they carry. D. Intangible assets include the exclusive right to produce or sell an invention.

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.