... They are financial instruments.
C. They provide long-term benefits.
D. They are long-term assets
Which of the following does not describe intangible assets? A. They lack physical existence. B.?
- Posted:
- 3+ months ago by hen ok
- Topics:
- instrument, financial, existence, instruments, physical
Details:
Answers (1)
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, and inventory.
www.investopedia.com/terms/i/intangibleasset.asp