Which of the following would not be classified as a tangible long-term asset?
A)Delivery truck
B)Timber reserve
C)Land
D)Copyright

Question

Quizplus · Accepted Answer

Tangible assets,such as delivery trucks,timber reserves,and land,have a physical presence;they can be seen and touched.Although they may be represented by physical documents,intangible assets,such as copyrights,are,in fact,rights or privileges.They cannot be seen or touched.

Which of the Following Would Not Be Classified as a Tangible