Which of the following economic assets is often not recognized on a company's balance sheet?
A) The value of the company's brand name
B) The company's factory
C) Inventory manufactured by the company
D) Prepaid insurance

Question

Quizplus · Accepted Answer

The value of a company's brand name is often not recognized on its balance sheet, even though it can be a valuable economic asset. This is because brand value is difficult to measure and quantify.

Which of the Following Economic Assets Is Often Not Recognized