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Question
Which of the following is not included in the category of 'Intangible Assets'?
Which of the following is not included in the category of 'Intangible Assets'?
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Solution
The correct option is D Machinery
An
intangible asset is an asset that is not physical in nature. Goodwill, brand
recognition and intellectual property, such as patents,
trademarks and copyrights, are all intangible assets. Intangible assets exist
in opposition to tangible assets, which include land, vehicles,
equipment, machinery and inventory.
An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, machinery and inventory.
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