The most easily identified assets,often found on a firm's balance sheet,are called:
A) Intangible assets
B) Tangible assets
C) Capabilities
D) Competencies

Question

Quizplus · Accepted Answer

Tangible assets are physical assets that can be easily identified, measured, and valued, such as buildings, machinery, inventory, and cash. They are typically found on a firm's balance sheet and are often the most easily identifiable and quantifiable assets. Intangible assets, on the other hand, are non-physical assets such as patents, trademarks, and goodwill, and are harder to identify and value. Capabilities and competencies refer to a company's skills, knowledge, and abilities to perform certain tasks or activities, but are not considered assets in the traditional sense.

The Most Easily Identified Assets,often Found on a Firm's Balance