Tangible assets would not include
A)personal residences.
B)commodity and financial futures.
C)gold.
D)collectibles.

Question

Quizplus · Accepted Answer

Tangible assets are physical assets that can be touched and felt. Personal residences, gold, and collectibles are all examples of tangible assets. However, commodity and financial futures are not tangible assets as they represent a contractual agreement or a promise to either buy or sell an underlying asset at a future date, rather than the physical asset itself.

Tangible Assets Would Not Include