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    Question

    Which of the following is an example of “tangible

    assets”?
    A Import Quota Correct Answer Incorrect Answer
    B Trademarks Correct Answer Incorrect Answer
    C Business secrets Correct Answer Incorrect Answer
    D Rolling stock Correct Answer Incorrect Answer

    Solution

    A tangible asset is an asset that has physical substance. Examples include  inventory, a building, rolling stock, manufacturing equipment or machinery, and office furniture.

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