Which of the following is not an intangible asset?
Question 1 Report
Which of the following is not an intangible asset?
Answer Details
Fixtures are not an intangible asset.
An intangible asset is an asset that does not have a physical existence but can be owned and has a value. Examples of intangible assets include licenses, patents, trademarks, copyrights, goodwill, and brand recognition.
Fixtures, on the other hand, are tangible assets that are attached to a property or building and are considered part of it. Examples of fixtures include lighting fixtures, plumbing fixtures, and built-in furniture. These assets have a physical existence and are not considered intangible assets.
Therefore, the correct answer to the question is fixtures.
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