Assets with no physical form are ________.
A) current assets
B) intangible assets
C) not listed on the balance sheet because they have no value
D) included in stockholders' equity

Question

Quizplus · Accepted Answer

Assets with no physical form are typically referred to as intangible assets. Examples include patents, trademarks, copyrights, and goodwill. They are shown on the balance sheet and are considered long-term assets.

Assets with No Physical Form Are ________