Patents, Copyrights and Trademarks are examples of

Interview Accounting and Finance
Choose an option
  • A
    Short-term investments
  • B
    Fixed assets
  • C
    Long-term investments
  • D
    Intangible assets

Answer

Correct Answer: Intangible assets

Explanation

Intangible asset that consists of original creative work manifested in a tangible form that can be legally protected. Intellectual property consists of copyrights, patents, trade-marks and trade secrets. Examples include literary or artistic works, business methods and industrial processes.

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