Question

which assets are not touch and seen​

Answer 1

Answer:

Invisible assets are assets that cannot be seen or touched. Also referred to as intangible assets, these resources do not have a physical presence. However, they still provide financial value to the holder and, in many cases, are critical to a company's success.

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Answer 2

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Intangible Fixed Assets: Assets which can not visible, can't be seen, can't be touch and have no physical existence but can be sold in cash are considered as intangible assets. Examples are, goodwill, copy rights, patents etc.

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What are the different types of assets?

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Different Types of Assets and Liabilities?

Assets. Mostly assets are classified based on 3 broad categories, namely – ...

Current assets or short-term assets.

Fixed assets or long-term assets.

Tangible assets.

Intangible assets.

Operating assets.

Non-operating assets.

Liability.

What are considered assets?

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Key Takeaways. An asset is something containing economic value and/or future benefit. An asset can often generate cash flows in the future, such as a piece of machinery, a financial security, or a patent. Personal assets may include a house, car, investments, artwork, or home goods.