In financial accounting,which of the following assets is not considered to be an intangible asset?
A)Goodwill
B)Patents
C)Copyrights
D)Trademarks
E)Accounts receivable

Question

Quizplus · Accepted Answer

Accounts receivable is a current asset, not an intangible asset. Intangible assets refer to non-physical assets that have no intrinsic value but represent legal rights or claims to some future benefit, such as patents, copyrights, trademarks, and goodwill.

In Financial Accounting,which of the Following Assets Is Not Considered