A key characteristic that separates assets such as property,plant and equipment from intangible assets is:
A)separability
B)length of useful life
C)lack of physical substance
D)reliability.

Question

Quizplus · Accepted Answer

Intangible assets lack physical substance and cannot be touched or seen, unlike property, plant, and equipment. Separability, length of useful life, and reliability can apply to both tangible and intangible assets.

A Key Characteristic That Separates Assets Such as Property,plant and Equipment