Which of the following is not a characteristic of intangible assets?
A)economic value
B)long-term benefits
C)monetary in nature
D)lack physical existence

Question

Quizplus · Accepted Answer

Intangible assets are non-monetary assets without physical existence. Although they have economic value and provide long-term benefits, they are not monetary in nature as they cannot be exchanged for a fixed amount of money.

Which of the Following Is Not a Characteristic of Intangible