Which One of the Following Is an Intangible Fixed Asset

question 77

Multiple Choice

Which one of the following is an intangible fixed asset?

• A)accounts receivable
• B)patent
• C)inventory
• D)equipment
• E)building

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Definitions:

Average Worker

The Average Worker concept statistically represents a standard or mean measurement of labor productivity, performance, or characteristics within a specific workforce or economy.

Healthcare Costs

The total expenditures required for individuals to receive medical services, treatments, and medications, often a significant portion of a country's economy.

GDP

Gross Domestic Product; the total value of all goods and services produced within a country in a specific time period.

Per Capita

A statistical measure that allows comparison of entities by dividing a total quantity by the population size, indicating average value per person.