Companies Keep Track of Both Tangible and Intangible Assets

question 21

Multiple Choice

Companies keep track of both tangible and intangible assets. They keep track of _______ assets using the fixed asset subsidiary ledger.

• A) tangible
• B) intangible
• C) current
• D) noncurrent

---

Definitions:

Americans

Citizens or nationals of the United States of America.

Displacement

A psychological defense mechanism in which a person redirects a negative emotion from its original source to a less threatening recipient.

Fight-Or-Flight

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.

Alarm Reaction

Alarm Reaction is the initial stage in the stress response, where the body detects a stressor and activates the "fight or flight" response, preparing the organism to face or escape the threat.