Question

3. Out of the following assets which one is not an intangible asset-
(a) Patents
(b) Investments
(c) Goodwill
(d) Trademark​

Answer 1

Answer:

investment is the right answer

Answer 2

Out of the following assets which one is not an intangible asset-

(a) Patents

(b) Investments

(c) Goodwill

(d) Trademark​

The correct answer is :

(b) Investments

Explanation :

Investments is a tangible asset, whereas Patents, Goodwill and Trademark are all intangible assets. Therefore Investment is not a intangible asset.

Intangible asset have no physical presence except for the existence of a document that represents the ownership interest held in the asset. It requires that papers and certificates representing these financial assets have no intrinsic value unless it is converted into cash.

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