Which of the following are normally seen as tangible assets?
A) Royalty agreements
B) Intellectual property
C) Patents and trademarks
D) Office furniture
E) None of the above

Question

Quizplus · Accepted Answer

Tangible assets are physical assets that can be touched, seen and felt. Office furniture is a physical asset and considered as a tangible asset. Royalty agreements and intellectual property are intangible assets while patents and trademarks may be considered as either intangible or tangible depending on their physical form.

Which of the Following Are Normally Seen as Tangible Assets