Tangible longlive productive assetsdiffer from imtagible longlived productive as

Question

Tangible longlive productive assetsdiffer from imtagible longlived productive assets in that tangibleassets have physical substance wereas intagible assets have no physical substances Tangible longlive productive assetsdiffer from imtagible longlived productive assets in that tangibleassets have physical substance wereas intagible assets have no physical substances Tangible longlive productive assetsdiffer from imtagible longlived productive assets in that tangibleassets have physical substance wereas intagible assets have no physical substances

Explanation / Answer

True

Because tangible assets are those assets which have physical substance like land, buildings, machinery, office equipment, and furniture whereas intangible assets has special rights but not physical substance like brand names, trademarks, and licensing rights.

Hence the statement which advocates that tangible assets having physical substance intangible assets do not have such physical substance is true.

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