Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — Only three
Concept & Option Breakdown
Standard Reference Verified- Intangible assets lack physical substance but hold economic value. Brand recognition (1), Intellectual property (3), and Mailing lists of clients / customer lists (4) are non-physical intangible assets.
- Inventory (2) consists of physical raw materials, work-in-progress, or finished goods, which are tangible assets. Therefore, exactly three of the assets are intangible investments.
Inventory is physical goods on the warehouse floor (tangible), while the other three cannot be touched physically (intangible).
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