Examlex
Memory aids that involve the use of vivid imagery and clever ways of organizing material are called
Intangible Assets
Assets that lack physical substance and represent legal rights or competitive advantages (e.g., trademarks, patents).
Physical Substance
A characteristic of certain assets that possess material existence and can be seen, touched, or quantified.
Ownership
The legal right or state of having control and possession over something, such as property or a company.
Asset Turnover Ratio
A financial metric that measures the efficiency of a company in generating sales from its assets.
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