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Intangible assets are said to be identifiable when it is separable, ie capable of being separated or divided from the entity and sold, transferred, licensed, rented or exchanged, either individually or together with a related contract, asset or liability, or it arises from contractual or other legal rights, regardless of whether those rights are transferable or separable from the entity or from other rights and obligations

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15y ago

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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 Types of fixed asset?

1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset


Is branding a intangible asset?

Yes, branding is an intangible asset. Usually, common referred to under Goodwill.


Is accounts receivables a fixed asset or intangible asset?

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).


Why goodwill is an intangible asset?

Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.


Is a masthead an intangible asset?

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Is plant asset intangible?

No it is tangible.


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.


Examples of intangible asset?

Most common example of intengible asset is "GOODWILL"


Is a song download an intangible asset?

I think it is.


Is life insurance a tangible asset?

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Is a license an identifiable intangible asset?

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