Which of the following characteristics is not common to both tangible and intangible assets?

A) held for use and not for investment
B) expected life of more than one year
C) derive value from the ability to generate revenue
D) may have value only to a particular company

Question

Jackson Bennett · Accepted Answer

Final Answer : D, Explanation :  Tangible assets typically have a market value that can be realized by any company, whereas intangible assets like patents or trademarks may have value only to the specific company that owns them.

Which of the following characteristics is not common to both tangible and intangible assets?

A) held for use and not for investment
B) expected life of more than one year
C) derive value from the ability to generate revenue
D) may have value only to a particular company

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Learning Objectives

Learning Objectives

Related questions

Which of the following characteristics is not common to both tangible and intangible assets?A) held for use and not for investmentB) expected life of more than one yearC) derive value from the ability to generate revenueD) may have value only to a particular company

Definitions

Learning Objectives

Learning Objectives

Related questions

Which of the following characteristics is not common to both tangible and intangible assets?

A) held for use and not for investment
B) expected life of more than one year
C) derive value from the ability to generate revenue
D) may have value only to a particular company