BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a tangible asset?
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Copyright
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Warehouse
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Patent
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Goodwill
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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.