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CTP · Question #886

(Topic 9) Which of the following is an intangible asset?

The correct answer is B. Patent on manufacturing equipment. See the full explanation below for the reasoning.

Question

(Topic 9)

Which of the following is an intangible asset?

Options

APrepaid supplies expense
BPatent on manufacturing equipment
CPaid-in-capital
DCash value of life insurance

How the community answered

(28 responses)

A
14% (4)
B
75% (21)
C
7% (2)
D
4% (1)

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