Which Type of Asset Has a Non-Physical Form

question 19

Multiple Choice

Which type of asset has a non-physical form?

• A)Master asset
• B)Tangible asset
• C)Informal asset
• D)Intangible asset
• E)None of the above

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Definitions:

Outside Funds

Capital sourced from external investors or institutions, outside of the company’s existing financial resources, used for expansion, operations, or investment.

Debt

Money that is owed or due to be paid to someone else, often resulting from loans or credit.

Equity

Equity represents the value of an owner's interest in a property or business, after deducting liabilities.

Compensating Balance

A minimum bank account balance that a borrower agrees to maintain with a lender as part of the terms of a loan.