Which of the Following Assets Is NOT an Intangible Asset

question 148

Multiple Choice

Which of the following assets is NOT an intangible asset?

• A) Patent
• B) Goodwill
• C) Building
• D) Trademark

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Definitions:

Loan

Funds lent with the anticipation of repayment plus an additional amount known as interest.

Interest

The fee for lending money, usually shown as a yearly percentage of the main sum.

Months

Units of time corresponding roughly to one cycle of the moon's phases, typically used to measure periods within a year.

Invest

The act of allocating money or capital to an endeavor with the expectation of generating an income or profit.