Solution(By Examveda Team) Land is NOT an example of intangible assets. An intangible asset is an asset that is not physical in nature.
Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible 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.
The correct answer is Deposits.
The main types of intangible assets are goodwill, brand equity, Intellectual properties (Trade Secrets, Patents, Trademark and Copyrights), licensing, Customer lists, and R&D.
Explanation: (b) Machinery. Machinery is a fixed tangible asset.
Intangible product examples include, but are not limited to:Education.Data.Software.Insurance.Maintenance and repair.Consulting and advice.Accounting.Copyrights, trademarks, and patents.More items...
The correct answer is b) Research and development costs.
(A) Fixtures. (B) Trademarks. (C) Monetary assets. (D) Stockholder equity. The answer is: (B) Trademarks.
The main difference concerning goodwill, as compared to other intangibles, is that goodwill is never amortized. In accounting, goodwill represents the difference between the purchase price of a business and the fair value of its assets, net of liabilities.