Which of the following should be classified as an intangible asset?
A) Land held for future use
B) Accounts receivable
C) Buildings
D) Trademark

Name: Which of the following should be classified as an intangible asset? A) Land held for future use B) Accounts receivable C) Buildings D) Trademark
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Question

Quizplus · Accepted Answer

A trademark is a type of intangible asset that represents a recognizable symbol, word, or phrase associated with a company or product. Land, buildings, and accounts receivable are all tangible assets.

Which of the Following Should Be Classified as an Intangible