An example of an intangible asset is:
A) land.
B) equipment.
C) coal mine.
D) goodwill.

Name: An example of an intangible asset is: A) land. B) equipment. C) coal mine. D) goodwill.
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Question

Quizplus · Accepted Answer

Goodwill is an intangible asset that represents the value of a company's reputation, brand recognition, and customer loyalty. It cannot be physically touched or seen, but it can still be measured and can contribute significantly to a company's overall value.

An Example of an Intangible Asset Is