Asked by Susana Contreras on Jul 22, 2024
Verified
Which of the following includes only intangible assets?
A) Natural resources,patents,and trademarks.
B) Research and development costs,franchises,and trademarks.
C) Copyrights,licenses,and land.
D) Trademarks,patents,and copyrights.
Intangible Assets
Non-physical assets that have value, such as patents, trademarks, copyrights, and goodwill.
Natural Resources
Assets that occur in nature, such as minerals, timber, and water, which can be used to produce goods and services.
Research and Development
Activities undertaken by a company to innovate and introduce new products or services, often involving experimental or theoretical work.
- Correctly identify and classify intangible properties.
Verified Answer
SB
Simran BhinderJul 27, 2024
Final Answer :
D
Explanation :
Trademarks, patents, and copyrights are all examples of intangible assets, which are assets that lack physical substance and cannot be touched or felt. Option A includes natural resources, which are tangible assets, while options B and C include some tangible assets such as franchises and land, respectively.
Learning Objectives
- Correctly identify and classify intangible properties.