Of the following,which is true about assets?
A) Assets include both physical and intangible items.
B) Assets include only physical items.
C) Assets are the personal property of the stockholders of the company.
D) Assets are the result of selling products or services to customers.

Question

Quizplus · Accepted Answer

Assets can include both physical items such as inventory and equipment, as well as intangible items such as patents and trademarks.

Of the Following,which Is True About Assets