Which of the following is an example of intangible assets?
A)Inventory
B)Name branding
C)Building location
D)Initial financing

Question

Quizplus · Accepted Answer

Intangible assets are assets that lack physical substance, such as patents, trademarks, copyrights, and brand names. Name branding is an example of an intangible asset. Inventory (A) is a tangible asset, as are building locations (C). Initial financing (D) may refer to a type of debt and is not an asset.

Which of the Following Is an Example of Intangible Assets