A private college would report which of the following assets differently than a public college?
A) Land.
B) Intangible assets.
C) Collections.
D) Equipment.

Question

Quizplus · Accepted Answer

Private colleges would report intangible assets differently than public colleges. Private colleges may have significant intangible assets such as brand recognition, intellectual property, or goodwill which would be reported differently than public colleges. Land, collections, and equipment would likely be reported similarly between the two types of colleges.

A Private College Would Report Which of the Following Assets