Which of the following is not a tangible capital asset?
A)Buildings
B)Land
C)Copyrights
D)Equipment

Question

Quizplus · Accepted Answer

Tangible assets are physical assets that have a finite value and are expected to provide benefits to the company for more than one year. Buildings, land, and equipment are all examples of tangible assets because they are physical assets that can be seen and touched. Copyrights, on the other hand, are not physical assets and are considered intangible assets.

Which of the Following Is Not a Tangible Capital Asset