Which of the following is NOT a tangible asset?
A) inventories
B) land
C) equipment
D) goodwill

Name: Which of the following is NOT a tangible asset? A) inventories B) land C) equipment D) goodwill
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Goodwill is an intangible asset, which represents the non-physical assets of a company such as brand value, reputation, and customer base. The other options (inventories, land, and equipment) are all tangible assets that can be physically touched or seen.

Which of the Following Is NOT a Tangible Asset