Identify the intangible asset.
A)Brand name.
B)Loan.
C)Accounts payable.
D)Inventory.

Name: Identify the intangible asset. A)Brand name. B)Loan. C)Accounts payable. D)Inventory.
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Question

Quizplus · Accepted Answer

Brand name is an intangible asset as it represents the value of a company's reputation and customer recognition, which cannot be physically touched or quantified easily. Loan, accounts payable, and inventory are all tangible assets.

Identify the Intangible Asset