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Is a prepaid asset considered an intangible asset?
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
What is an intangible asset and give an example?
trade mark ,brand name ,patent ,,,,any service
Types of intangible assets?
1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets
What are examples of intangible Products?
Three example of an intangible product
Are patents intangible assets?
patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.
Is a Beauty Salon a tangible or intangible good and service?
intangible
Is a prepaid asset considered an intangible asset?
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
What is the difference between exporting a product and exporting a service?
product is tangible and service is intangible.
Is a service tangible or intangible?
Basically service marketing is intangible in nature because they are the convenience provided to us by a service provider, but in some cases where the services are related with some tangible products; like- in restaurants, etc.
What are service standard for intangible service in hospitality?
Service standards for intangible service in hospitality would be the factors that affect the emotions of guests / customers. These actions are reflected when you deliver the tangibles. Example, a sincere smile (intangible) when delivering a cup of coffee (tangible). To add, it would be the body language, facial expressions, the warmth, tome of voice, etc.
What is the BEST description of a service?
It is an intangible economic activity that cannot be touched or carried.It is an intangible economic activity that cannot be touched or carried
Explain the term of service intangible?
Main Entry: 2intangibleFunction: nounDate: 1914: something intangible: as a : an asset (as goodwill) that is not corporeal b : an abstract quality or attribute (as loyalty or creativity)Its something that exists, but only on paper. Its not a material good. Something such as "customer service" is intangible.
What is intangible about bus service?
The reason a bus service is considered to be intangible to the commuter is that the commuter does not have to buy the bus in order to use it. The commuter only pays the required fare over the distance traveled.
What is the best description of a consumer service?
It is an intangible economic activity that cannot be touched or carried.It is an intangible economic activity that cannot be touched or carried
Why is insurance intangible?
Because it's a service, not a physical product that you can touch
What products does the Hilton Hotel sell?
lodging, food and service which is intangible
Difference between products and services?
product is tangible and service is intangible.
