Intangible Accounting

Intangible Accounting
 By Finance Ocean

Which of the following is not an intangible asset?

Pick an answer:

1. Goodwill
2. A Patent
3. A Brand
4. Options

Answer: # 4


Explanation: Intangible assets are identifiable non-monetary assets that cannot be seen, touched or physically measured. They are created through time and/or effort and are identifiable as a separate asset.

An option is a monetary asset and does not meet the definition of an intangible asset.

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