An entrepreneur is preparing to sell her business and is attempting to place a value on it. In addition to everything else in the business,she has hired some of the very best people over the years and believes that these people add considerable value to the business. These valuable people are known as
A) the family trust.
B) fixed assets.
C) variable assets.
D) intangible assets.
E) prospectus.

Question

Quizplus · Accepted Answer

The valuable people hired by the entrepreneur are intangible assets, as they are not physical or fixed assets but rather add value to the business through their skills, knowledge, and experience.

An Entrepreneur Is Preparing to Sell Her Business and Is