Trade names, customer lists, and goodwill are examples of which kinds of assets?
A) intangible assets
B) tangible assets
C) only current assets
D) only long-term assets

Name: Trade names, customer lists, and goodwill are examples of which kinds of assets? A) intangible assets B) tangible assets C) only current assets D) only long-term assets
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Question

Quizplus · Accepted Answer

Trade names, customer lists, and goodwill are intangible assets because they lack physical substance but provide economic benefits to the company.

Trade Names, Customer Lists, and Goodwill Are Examples of Which