Which of the following characteristics is not common to both tangible and intangible assets?
A) held for use and not for investment
B) Have an expected life of more than one year
C) derive value from the ability to generate revenue
D) may have value only to a particular company

Question

Quizplus · Accepted Answer

Tangible assets typically have a market value and can be sold to others, whereas intangible assets may have value only to a particular company due to their unique nature or lack of a market.

Which of the Following Characteristics Is Not Common to Both