Which of the following is not considered an intangible asset?
A)Goodwill
B)Customer lists
C)Prepaid advertising expenses
D)Memberships

Question

Quizplus · Accepted Answer

Goodwill, customer lists, and memberships are all examples of intangible assets, as they do not have a physical form or substance. Prepaid advertising expenses, on the other hand, are a type of prepaid expense and do not meet the criteria of being an intangible asset.

Which of the Following Is Not Considered an Intangible Asset