Which of the following is NOT a tangible asset for a firm:
A) Part-time employees
B) In-process inventory
C) Plant equipment
D) Mortgaged real estate
E) Accounts receivable

Question

Quizplus · Accepted Answer

Part-time employees are not a tangible asset for a firm. Tangible assets are physical assets that can be seen and touched, such as inventory, equipment, and real estate. Part-time employees are considered human resources or personnel and are not considered a tangible asset.

Which of the Following Is NOT a Tangible Asset for a Firm