Which of the following is an example of intangible asset? A. Cash B. Investment in subsidiary companies C. Furnitures D. Patents

Cash
Investment in subsidiary companies
Furnitures
Patents

The correct answer is D. Patents.

Intangible assets are non-physical assets that have value because of the rights or privileges they convey to the owner. They include items such as patents, copyrights, trademarks, goodwill, and trade secrets.

Cash is a physical asset that has value because it can be used to purchase goods and services.

Investment in subsidiary companies is a financial asset that has value because it represents a claim on the assets and earnings of the subsidiary company.

Furniture is a

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physical asset that has value because it can be used to furnish a building or other structure.

Patents are intangible assets that have value because they give the owner the exclusive right to use an invention for a certain period of time.

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