Which of the Following Would Be Classified as a Tangible

question 37

Multiple Choice

Which of the following would be classified as a tangible asset?

• A)Land
• B)Goodwill
• C)Copyright
• D)Trademark

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Definitions:

Trade-Offs

involve the balancing of factors or alternatives, where choosing one feature necessitates giving up another.

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.

College Degree

A formal recognition of the completion of a specific program of studies at a college or university.

Unemployment Rate

The proportion of the workforce that is unemployed and actively seeking work.