trade mark ,brand name ,patent ,,,,any service
Most common example of intengible asset is "GOODWILL"
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
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.
An example of an intangible asset is a trademark, which represents a brand's identity and can provide competitive advantage and customer loyalty. Unlike physical assets, trademarks do not have a physical presence, but they can be valuable as they contribute to a company's reputation and market recognition. Other examples of intangible assets include patents and copyrights.
Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
Most common example of intengible asset is "GOODWILL"
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
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.
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
An intangible fixed asset is one that cannot be physically seen or touched. Goodwill or brand loyalty is an example. A firm like Coca-Cola would most likely include a quantification of their good will as an intangible fixed asset on their balance sheet.
The answer is neither one. Accounts receivable are a current asset; neither an intangible asset (e.g. goodwill) nor a fixed asset (e.g. plant and equipment).
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
No it is tangible.
Yes, it is
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.
Ive had a similar question like this in a finance exam. Apparently its wrong to say that all financial assets are intangible (i.e. yes, a financial asset can be a tangible asset). Example: Cash