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The long term assets that have no physical existence but are rights that have value is known as
  • a)
    Current assets
  • b)
    Fixed assets
  • c)
    Intangible assets
  • d)
    Investments
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The long term assets that have no physical existence but are rights th...
Option C intangible assets have no physical existence but are rights that have value for example goodwill, patent, copyright etc.
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The long term assets that have no physical existence but are rights that have value is known asa)Current assetsb)Fixed assetsc)Intangible assetsd)InvestmentsCorrect answer is option 'C'. Can you explain this answer?
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