which of the following is not a tangible asset course hero

by Drew Halvorson DDS Published 2 years ago Updated 1 year ago 7 min read

Which of the following is not a tangible assets?

Explanation: An intangible asset is a resource that isn't physical in nature. Brand acknowledgment, goodwill, and intellectual property rights like trademarks, patents, and copyrights, are all intangible assets.

Which of the following is an example of a tangible asset?

Tangible assets are physical; they include cash, inventory, vehicles, equipment, buildings and investments.

Which of the following is classified as a fixed tangible asset?

Fixed assets are always considered tangible assets as they have a physical presence to them. Fixed assets include items such as property, plant, and equipment.

What are tangible examples?

Something that's literally tangible can be touched. A rock is tangible, and so is a broken window; if the rock is lying next to the window, it could be tangible evidence of vandalism. When we say that the tension in a room is tangible, we mean we feel it so strongly that it seems almost physical.

What are the 5 intangible assets?

The main types of intangible assets are goodwill, brand equity, Intellectual properties (Trade Secrets, Patents, Trademark and Copyrights), licensing, Customer lists, and R&D.

What are tangible items?

Tangible Goods means products that are of a physical nature, such as clothing or household items.

Which tangible assets are depreciated and which are not why?

All depreciable assets are fixed assets but not all fixed assets are depreciable.
...
Which Asset Does Not Depreciate?

Land.
Current assets such as cash in hand, receivables.
Investments such as stocks and bonds.
Personal property (Not used for business)
Leased property.
Collectibles such as memorabilia, art and coins.

Which one of the following is not a fixed asset?

Bank Balance is not a fixed asset.Mar 2, 2020

How is land different from other tangible assets?

Land is different from other tangible assets in that its utility is not diminished by its use. This statement is

When are all costs associated with a machine expensed?

All costs associated with a machine after it is operational are expensed the period they are incurred. This statement is

What is goodwill in business?

Goodwill is the mix of variable that are unique to a particular company that enables it to produce average profits. This statement is

Does Tangier pay cash?

Tangier Co. paid cash to purchase a long-term operational asset. The cost of the asset will be expensed (depreciated)

What is goodwill in accounting?

a)goodwill is recorded as the excess of cost over the fair value of identifiable net assets.

Does Megahit have a licensing right?

The MegaHit Film Studio has a licensing right (or agreement) to distribute films produced by the Artsy Film Company. How would the MegaHit Company classify this licensing right?

Where are b)assets recorded?

b)assets are recorded at the seller's book values.

Is a company as efficient in using its fixed assets as it was in previous periods?

a)company is not as efficient in using its fixed assets as it was in previous periods.

Is gain or loss on disposal recorded?

d)no gain or loss on disposal will be recorded.