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1 mark

Trademarks, copyrights and patents are:

  1. A
    Investments
  2. B
    Fixed assets
  3. C
    Intangible assets
  4. D
    Current assets

Solution & Step-by-step Explanation

Trademarks, copyrights, and patents are long-term assets that lack physical substance but hold significant monetary value based on intellectual property rights, classifying them as intangible assets.

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Trademarks, copyrights and patents are:
A
Investments
B
Fixed assets
C
Intangible assets
D
Current assets

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Accounting TermsBusiness StudiesIntellectual Property

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