Intangible assets are assets used in business operations but which:
A)Lack physical substance.
B)Cannot be sold.
C)Have been depreciated below their estimated salvage values.
D)Cannot be specifically identified.

Question

Quizplus · Accepted Answer

Intangible assets lack physical substance, which means they cannot be touched or seen but still have value to the business. Examples of intangible assets include patents, copyrights, trademarks, and goodwill.

Intangible Assets Are Assets Used in Business Operations but Which