Which of the Following Accounts Would Not Be Considered a Tangible

question 44

Multiple Choice

Which of the following accounts would not be considered a tangible asset?

• A)Buildings
• B)Land
• C)Equipment
• D)Patents

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Definitions:

Investment Decisions

The process of deciding where to allocate funds in order to generate the highest possible returns while managing risks.

Shareholder Relations

Activities and policies used by a corporation to communicate, engage, and manage its relationship with its shareholders.

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company, including financial planning and record-keeping.

Controller

A senior financial officer responsible for overseeing the accounting functions, financial reporting, and often budgetary planning within an organization.