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Commerce · Q212

Accounting

Graduate and Post Graduate · Commerce · question 212

Q212

Which of the following is NOT an example of intangible assets?

A.
Franchise rights
B.
Goodwill
C.
Patents
D.
Land
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Land is NOT an example of intangible assets. An intangible asset is an asset that is not physical in nature.