Assertion: Intangible Assets are Non Phy

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Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:

Assertion: Intangible Assets are Non Physical.
Reasoning: Intangible assets are non identifiable.

Options:

Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.

Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A.

Assertion (A) is true but Reasoning (R) is not correct.

Assertion (A) is not true but Reasoning (R) is correct.

Correct Answer:

Assertion (A) is true but Reasoning (R) is not correct.

Explanation:

Intangible assets like goodwill, copyrights are identifiable.