Identify the intangible asset.
A) accounts payable
B) brand name
C) inventory
D) loan

Name: Identify the intangible asset. A) accounts payable B) brand name C) inventory D) loan
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Brand name is an intangible asset as it represents the value of a company's unique name, logo, and reputation, which can contribute to future earnings and marketability. Accounts payable, inventory, and loans are all tangible assets or liabilities that can be physically seen or measured.

Identify the Intangible Asset