The following are examples of tangible assets except:
I. Machinery; II) Office buildings;
III. Warehouse;
IV. Training for employees
A) I only
B) I and II only
C) IV only
D) I, II, and III only

Question

Quizplus · Accepted Answer

Tangible assets are physical assets that can be touched or felt. Machinery, office buildings, and warehouse are examples of tangible assets. However, training for employees is an intangible asset, as it does not have a physical existence. Therefore, the correct answer is IV only.

The Following Are Examples of Tangible Assets Except