### Understanding Intangible Assets**Question: Which of the following is not an intangible asset?**- ○ Investments- ○ Copyrights- ○ Trademarks- ○ Patents**Explanation:****Intangible Assets** are non-physical assets that add value to a company. They include things like copyrights, patents, and trademarks — all of which represent legal rights or competitive advantages. Investments, however, are not considered intangible assets because they involve physical or financial assets, such as stocks or bonds, which can be seen, quantified, and valued more directly. Therefore, in this context, *investments* is the correct answer as it does not fit the category of intangible assets.Understanding the distinction between tangible and intangible assets is crucial for effective financial management and accounting.

The assets can be classified as tangible and intangible assets. The tangible assets are generally…

Answered: Which of the following is not an…

Business

Accounting

Which of the following is not an intangible asset? O Investments O Copyrights O Trademarks O Patents ●

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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