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Question
Which of the following is not an intangible asset?
Which of the following is not an intangible asset?
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Solution
The correct option is D Land
Answer (D): Land
Explanation: An intangible asset or resource is an asset that isn’t physical in nature. Patent rights, goodwill, brand acknowledgment, and protected innovation, like licenses, brand names, and copyrights, are largely a part of intangible resources. Tangible resources incorporate land, vehicles, hardware, and stock.
Land
Answer (D): Land
Explanation: An intangible asset or resource is an asset that isn’t physical in nature. Patent rights, goodwill, brand acknowledgment, and protected innovation, like licenses, brand names, and copyrights, are largely a part of intangible resources. Tangible resources incorporate land, vehicles, hardware, and stock.
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