Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property…

Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients. How many of the above are considered intangible investments?
  1. Only one
  2. Only two
  3. Only three
  4. All four

Solution

Brand recognition, intellectual property, and client mailing lists are intangibles. Inventory is a tangible (physical) asset.

Asked in: UPSC Prelims 2023

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