Which of the Following Is NOT a Tangible Asset

question 40

Multiple Choice

Which of the following is NOT a tangible asset?

• A) Financial resources and capabilities
• B) Physical resources and capabilities
• C) Human resources and capabilities
• D) Technological resources and capabilities

---

Definitions:

Cost Method

This accounting approach involves recording an investment at its original cost without adjusting for changes in market value.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but does not have full control.

Consolidated Financial Statements

Financial statements that show the financial position and results of operations of a parent company and its subsidiaries as a single entity.

Cost Method

The Cost Method is an accounting approach where investments are recorded at their acquisition cost, without adjustment for changes in market value.