Tangible assets, such as a strong balance sheet, and intangible assets like a company's reputation or knowledge are known as
A) resources
B) expertise
C) cultural values
D) stakeholders

Question

Quizplus · Accepted Answer

Tangible assets refer to physical assets that a company owns, like property or equipment, while intangible assets refer to non-physical assets like intellectual property, reputation, or knowledge. Both of these types of assets are considered resources that a company can use to create value and generate revenue. Cultural values and stakeholders are related concepts but do not encompass the idea of tangible and intangible assets. 'Expertise' is not an accurate choice as intangible assets are a broader category that extend beyond expertise.

Tangible Assets, Such as a Strong Balance Sheet, and Intangible