The Primary Distinction Between Tangible and Intangible Assets Is That

question 50

Multiple Choice

The primary distinction between tangible and intangible assets is that:

• A) intangible assets have a physical existence while tangible assets do not.
• B) intangible assets do not have a physical existence while tangible assets do.
• C) since tangible assets do not have a physical existence they do not show up on the balance sheet.
• D) since intangible assets do not have a physical existence they do not show up on the balance sheet.

---

Definitions:

Service Providers

Entities or individuals that offer services to another entity or individuals, typically in exchange for payment.

Parliamentary Procedure

A set of rules and guidelines designed to manage meetings and facilitate decision-making within legislative bodies or organizations.

Point Of Information

A formal request during a debate or meeting to receive clarification or factual information.

Group Dynamics

The study of behaviors and psychological processes that occur within a social group or between social groups.