Question

A \(\underline{\hspace{1cm}}\) is an intangible asset.

• A. Goodwill
• B. Stock
• C. Cash
• D. Furniture

Hint:

Intangible assets like goodwill do not have a physical presence but contribute significantly to a company's value.

Answer 1

The Correct Option is A

Step 1: Recall the definition of intangible asset.
An intangible asset is a non-physical asset that has value due to its rights and privileges, such as patents, copyrights, and goodwill.

Step 2: Evaluate the options.
- Goodwill is an intangible asset, as it represents the value of a company's brand, customer relationships, and intellectual property. - Stock, Cash, and Furniture are tangible assets, not intangible.

Step 3: Conclusion.
Hence, the correct answer is Goodwill, which is an intangible asset.

Final Answer: \[ \boxed{Goodwill} \]