Which of the following is an example of an
intangible asset ?
1. building
2. machinery
3. patent
4. cash
5. None of these

1 Answer

Answer :

patent

Related questions

Description : Who defined investment as "the construction of a new capital asset like machinery or factory building"? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Last Answer : (2) J.M. Keynes Explanation: Investment expenditure refers to the creation of new assets i.e. an addition to the stock of existing capital assets. According to Keynes investment demand depends upon ... the rate of interest (IR). Investment demand decreases with the increase in the rate of interest.

Description : Who defined investment as “the construction of a new capital asset like machinery or factory building” ? (1) Hansen (2) J.M. Keynes (3) Harrod (4) J.R. Hicks

Last Answer : J.M. Keynes

Description : Which of the following is not included in the category of 'Intangible Assets' ? A. Patents rights B. Copy rights C. Competitive benefit and privileges D. Machinery

Last Answer : D. Machinery

Description : It is difficult to measure the morale of the sales team directly because 1. It is a tangible state 2. It is an intangible state 3. Employees hide the truth 4. All the above 5. None of these

Last Answer : It is an intangible state

Description : What among the following is the feature of experienced goods ? 1. These are intangible 2. These cannot be packaged 3. These cannot be touched 4. These can be evaluated only after use 5. all the above

Last Answer : all the above

Description : Patents and copyrights fall under the category of 1. Current assets 2. Liquid assets 3. Intangible assets 4. Nominal assets 5. None of these

Last Answer : Intangible assets

Description : Intangible assets are 1. Which can be physically verified 2. Which cannot be seen or touched 3. Which are written as expenses 4. Which will be spent in the future 5. None of these

Last Answer : Which cannot be seen or touched

Description : Marketing is complex in Banks compared to other commercial concerns. Which among the following justifies this statement ? 1. Bank marketing is a service Marketing 2. The focus of the bank marketing ... . The Bank marketing is doubly oriented 4. Banking products are intangible 5. None of these

Last Answer : The Bank marketing is doubly oriented

Description : Which of the following is an intangible dominant product ? 1. flowers 2. perfume 3. food 4. mortage 5. car

Last Answer : mortage

Description : It is difficult to measure the morale of the sales team directly because 1. It is a tangible state 2. It is an intangible state 3. Employees hide the truth 4. All of the above 5. None of the above

Last Answer : It is an intangible state

Description : On a classified balance sheet, merchandise inventory is classified as a. an intangible asset. b. property, plant, and equipment. c. a current asset. d. a long-term investment.

Last Answer : c. a current asset.

Description : An intangible asset a. does not have physical substance, yet often is very valuable. b. is worthless because it has no physical substance. c. is converted into a tangible asset during the operating cycle. d. cannot be classified on the balance sheet because it lacks physical substance.

Last Answer : a. does not have physical substance, yet often is very valuable.

Description : Office Equipment is classified in the balance sheet as a. a current asset. b. property, plant, and equipment. c. an intangible asset. d. a long-term investment.

Last Answer : b. property, plant, and equipment.

Description : Goodwill is an ______ asset. A Intangible B Tangible C Asset D Liability

Last Answer : Intangible

Description : What is an intangible asset? a) Non-monetary asset with physical substance b) Monetary asset without physical substance c) Non-monetary asset without physical substance d) Monetary asset with physical substance

Last Answer : c) Non-monetary asset without physical substance

Description : Which of the following is incorrect? a) Good will intangible asset b) Sundry debtors -current asset c) Loose tools tangible fixed asset d) Outstanding expenses -current asset.

Last Answer : d) Outstanding expenses -current asset.

Description : List of people employed and paid by a company is 1. Payroll 2. Patent 3. Atlay 4. Atsource 5. None of thes

Last Answer : Payroll

Description : Which of following is not Current Asset? A. Patent B. Bills receivable C. Cashable security D. Prepaid Expenses

Last Answer : A. Patent

Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings

Last Answer : a) Enterprise

Description : PAN in Business terms means 1. Performing Asset Number 2. Personal Address Number 3. Permanent Account Number 4. Personal Account Number 5. None of these

Last Answer : Permanent Account Number

Description : Going Concern' concept of business says which of the following 1. Business will continue trading over a long period of time 2. Anticipate no profit and provide for all possible losses 3. The period of allocation f the cost of an asset 4. 1 and 2 5. None of these

Last Answer : Business will continue trading over a long period of time

Description : An advertising model used in which advertisers pay their host only when their sponsored ad or link is clicked, is called:  Search Engine Optimization (SEO)  Contextual Advertising  Digital Asset Optimization (DAO)  Pay Per Click (PPC)

Last Answer :  Pay Per Click (PPC)

Description : The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as A) Current assets B) Fixed assets C) Intangible assets D) Investments

Last Answer : Answer: A

Description : . A Local Authority is preparing cash Budget for its refuse disposal department. Which of the  following items would not be included in the cash budget? (a) Capital cost of a new collection vehicle (b) Depreciation of the machinery (c) Operatives wages (d) Fuel for the collection

Last Answer : (b) Depreciation of the machinery

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

Description : Depletion method of depreciation is used in case of– (A) Cattle, Loose Tools, etc. (B) Mines, Quarries, etc. (C) Machinery, Building, etc. (D) Books

Last Answer : Answer: Mines, Quarries, etc.

Description : Which of the following assets are dealt with by AS - 10 (Accounting Standard on Fixed Assets)? A. Land, building, plant and machinery, vehicles, furniture and fittings B. Goodwill and patents C. Trademarks and designs D. All of the above

Last Answer : D. All of the above

Description : Increased volume of sales is an example of ………….…. Benefit. Reduction of bad debts is an example of ……….. A) Tangible, Intangible B) Tangible, Tangible C) Intangible, Tangible D) Intangible, Intangible

Last Answer : D) Intangible, Intangible

Description : ___________ can be used as a standard to measure the efficiency of an economy 1. Cash reserve ratio 2. Exchange rate ratio 3. Incremental capital output ratio 4. Profit ratio 5. None of these

Last Answer : Incremental capital output ratio

Description : Primary book" maintained in a business is 1. Journal 2. Ledger 3. Cash book 4. Account book 5. None of these

Last Answer : Journal

Description : Imprest Cash' in Business Terminology means 1. Cash maintained for Sunday expenses 2. Cash maintained for holidays 3. Cash maintained for closure of business 4. Cash maintained for top executive expenses 5. None of these

Last Answer : Cash maintained for top executive expenses

Description : What is a Finge benefit ? 1. Added advantages available to shareholders 2. Indirect, non cash benefits provided to employees 3. Salaries paid 4. Benefits to manufacturers due to location of the producing unit 5. None of these

Last Answer : Indirect, non cash benefits provided to employees

Description : Bullion does not include 1. gold 2. silver 3. cash 4. both 1 and 2 5. None of these

Last Answer : cash

Description : Difference between marketing and selling is ________ a) Marketing focus on customer and selling focus on seller b) Marketing practices integrated approach and selling practices fragmented approach c) Marketing converts customer's need into ... 3. b and d 4. all a, b, c and d 5. None of these

Last Answer : all a, b, c and d

Description : Without which of the following a bank cannot survive 1. Cash 2. Computers 3. Customers 4. Credit 5. Competitors

Last Answer : Customer

Description : A cash-and-carry wholesaler would be expected to 1. provide transportation 2. handle high turnover products 3. provide credit 4. carry a wide variety of products 5. provide a wide range of services

Last Answer : handle high turnover products

Description : ____________ is the amount invested by the owner of a business. (a) Cash (b) Money (c) Asset (d) Capital

Last Answer : ____________ is the amount invested by the owner of a business. (a) Cash (b) Money (c) Asset (d) Capital

Description : Is cash float a current asset or a non current asset?

Last Answer : Need answer

Description : With regard to the rate of return on investment (ROI), which one of the following statements is not valid ? (A) It is an overall indicator of the profitability of an enterprise (B) It is a ... superior measure compared to the cash flow generated per share (D) It was first developed by Dupont, USA

Last Answer : Answer: It is a superior measure compared to the cash flow generated per share

Description : A current asset is a. the last asset purchased by a business. b. an asset which is currently being used to produce a product or service. c. usually found as a separate classification in the income statement. d. an asset that a company expects to convert to cash or use up within one year.

Last Answer : d. an asset that a company expects to convert to cash or use up within one year.

Description : Which of the following methods is included in ‘Asset based approach’ (cost-based approach)? a) Comparable Companies’ Multiple Method b) Replacement Method c) Earnings Capitalization Method d) Discounted Cash Flow Method

Last Answer : b) Replacement Method

Description : Which of the following is not an inflow of cash a) Sale of fixed asset b) Issue of debentures for cash c) Funds from operation d) Acquisition of assets

Last Answer : d) Acquisition of assets

Description : Cash from operations is equal to------------------ a) net profit afer tax b) net profit plus increase in current asset c) net profit plus decrease in current liabilities d) net profit plus non-cash expenses plus decrease in current

Last Answer : d) net profit plus non-cash expenses plus decrease in current

Description : In modern days, sales approach is based on 1. Value sharing 2. Relation building 3. Coordinated approach 4. All the above 5. None of these

Last Answer : All the above

Description : In modern days, sales approach is based on ________ 1. value sharing 2. relation building 3. coordinated approach 4. all of the above 5. none of the abov

Last Answer : all of the above

Description : Which of the followign is not a benefit of direct marketing ? 1. customer relationship building 2. immediate response 3. convenience 4. assists client prospecting 5. greater product access and selection

Last Answer : assists client prospecting

Description : In modern days sales approach is based on 1. Value sharing 2. Relation building 3. Co-ordinated approach 4. All the above 5. None of these

Last Answer : All the above

Description : What is the purpose of preparation of correction slip and when it will prepared ? a. record revenue and capital , Quarterly b intimation of addition /modification of land and building to circle office , end of the year c record the asset details , monthly preparation

Last Answer : b intimation of addition /modification of land and building to circle office , end of the year

Description : Which of the following link building tactics do search engines tacitly endorse?  A. Viral Content Creation & Promotion  B.Reciprocal Link Exchange Programs  C.Buying Links From Link Brokers & Networks  D.Renting Pages From Trustworthy Domains And Placing Links On Them

Last Answer : A. Viral Content Creation & Promotion

Description : Which factor is not included while building an audience persona for digital marketing purposes? 1. Demographic 2. Topographic 3. Psychographics 4. Techno graphic

Last Answer : Topographic