Vidyalelo
Commerce · Q390

Insurance

Graduate and Post Graduate · Commerce · question 390

Q390

Which among the following cannot be termed as an asset?

A.
Car
B.
Human Life
C.
Air
D.
House
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Human Life cannot be termed as an asset. People are not assets like tangible fixed assets such as equipment. People cannot be owned. People do not depreciate. If they are assets, people are intangible assets.