Which of the following is an example of intangible property?

Question

Quizplus · Accepted Answer

Intangible property refers to non-physical assets that are owned and have value, such as patents, trademarks, copyrights, and custom-designed software. Therefore, custom-designed accounting software is an example of intangible property.

B, C, and D are examples of tangible property because they are physical assets that can be seen and touched. Leased shopping center space, custom-made cabinetry, and a limited edition automobile are all forms of tangible property.

Which of the Following Is an Example of Intangible Property