Which asset is capable of adding value but do not have a physical dimension?
Answer & explanation
Correct answer: option 4
The correct answer is option 4- Trademark.
Trademark is capable of adding value but do not have a physical dimension.
Assets are resources of the organisation, which can be classified into fixed and current assets. Fixed assets are long-term assets and provide productive capability to the firm. The examples of fixed assets are land, building, plant & machinery, etc. It includes both tangible and intangible assets. Tangible assets are physical in nature, which have form, shape and size. Intangible assets are resources capable of adding value but do not have a physical dimension such as patents, copyrights, trade mark, etc.