Question

The main difference between intangible assets and property, plant, and equipment is the length of the assets life. O True O

0 0
Add a comment Improve this question Transcribed image text
Answer #1

False,

Plant, property and equipment are Tangible assets. Tangible Assets are the which we can see i.e., assets which are physically available.

For example - Furniture , machine, etc.

Where intangible assets are assets which we cannot see i.e, which does not exists physically.But add value to our business.

For example - Goodwill, Patents,etc.

Add a comment
Know the answer?
Add Answer to:
The main difference between intangible assets and property, plant, and equipment is the length of the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT