An Example of an Intangible Asset Is

question 64

Multiple Choice

An example of an intangible asset is

• A) a patent
• B) land
• C) investment in another company
• D) raw material inventory

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Definitions:

Prospective Memory

The facet of memory tasked with remembering to undertake planned actions or bringing to mind intended future activities.

Procedural Memory

A type of long-term memory for executing tasks and skills, involving how to do things, and typically acquired through repetition and practice.

Factual Information

Data based on facts and real events, which can be proven true through evidence and observation.

Long-Term Memory

A type of memory responsible for the storage of information over extended periods, potentially for a lifetime, including facts, experiences, and skills.