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:

Resignation Letter

A resignation letter is a formal document that employees submit to their employer indicating their intent to leave their current position.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, rules, and laws.

Competitive Intelligence

The process of gathering, analyzing, and using information collected on competitors, customers, and other market factors to help a company make better business decisions.

Legally Required

An action or obligation that is mandated by law and must be complied with.