Tag: characteristics of intangible Assets
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Intangible Assets – Types and Characteristics
Intangible assets are non-physical resources that hold significant value for a business. Unlike tangible assets, these cannot be touched or seen but contribute to a company’s operations and profitability. What Are Intangible Assets? Intangible assets are resources without a physical form but with monetary value. They provide long-term benefits, such as generating revenue or enhancing…