Which of the following is not an intangible asset?
A)Trade name
B)Long-term investment in bonds
C)Franchise
D)Organization costs

Question

Quizplus · Accepted Answer

Intangible assets are non-physical assets that have a useful life of more than one year and lack physical substance. Trade name, franchise, and organization costs are examples of intangible assets, while long-term investment in bonds is a financial asset and not considered an intangible asset.

Which of the Following Is Not an Intangible Asset