BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a tangible asset?
A
Copyright
B
Warehouse
C
Patent
D
Goodwill
Explanation: 

Detailed explanation-1: -The raw materials acquire are tangible assets, and the warehouse in which the raw materials are stored is also a tangible asset. The manufacturing building and equipment are tangible assets, and the finished vehicle to be sold is tangible inventory.

Detailed explanation-2: -Tangible assets are physical things. Examples include land, buildings, vehicles, furniture, and equipment.

Detailed explanation-3: -Solution(By Examveda Team) A tangible asset is an asset that has a finite monetary value and usually a physical form. Tangible assets include land, equipment, furniture, vehicles, cash, inventory etc.

There is 1 question to complete.