Which of the following is an example of intangible assets?
The correct answer is E. None of the above
None of the options listed (trade debtors, stock of goods, trade creditors, motor vehicles) are examples of intangible assets.
Intangible assets are non-physical assets that have a monetary value since they represent potential revenue. Intangible assets include patents, copyrights, franchises, goodwill, trademarks, and trade names.
The value of these assets is not physical (you can’t touch a patent), but they can still be very valuable for a company.
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