Which of the following is not an intangible asset?

  • A Liancence
  • B patents
  • C trademarks
  • D fixtures

The correct answer is D. fixtures

Fixtures are not considered intangible assets.

Intangible assets are assets that do not have a physical form and cannot be held or manipulated. 

They are valuable assets for businesses and can include items such as goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists 

In the given options, licenses, patents, and trademarks are all examples of intangible assets. 

Licenses refer to legal permissions or rights granted to individuals or businesses to use certain intellectual property or engage in specific activities. 

Patents are exclusive rights granted to inventors for their inventions, while trademarks are distinctive signs or symbols used to identify and distinguish products or services.

On the other hand, fixtures are tangible assets. Fixtures are physical items that are attached to real property or land and are considered part of the property.

Examples of fixtures include lighting fixtures, plumbing fixtures, and built-in furniture.

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