0
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Is a prepaid pension asset an intangible asset?
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
Is prepaid deposit intangible?
No, Intangible Assets generally refer to such assets that are not physical. A prepaid deposit will be considered a Current Asset, usually lasting a year or less.Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. These include such things as Patents, Trademarks, Goodwill, Copyrights.
Are prepaid expenses considered an asset?
Yes.
Is branding a intangible asset?
Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
Why goodwill is an intangible asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is a prepaid pension asset an intangible asset?
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
Is prepaid deposit intangible?
No, Intangible Assets generally refer to such assets that are not physical. A prepaid deposit will be considered a Current Asset, usually lasting a year or less.Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. These include such things as Patents, Trademarks, Goodwill, Copyrights.
Are prepaid expenses considered an asset?
Yes.
Is prepaid loan cost is intangible?
It is a prepaid expense to be expensed over time. Not an intangible.
What Types of fixed asset?
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Is a license an identifiable intangible asset?
Yes, a license can be considered an identifiable intangible asset. An identifiable intangible asset is a non-physical asset that can be separately identified and has a measurable value. A license grants the holder the right to use a specific intellectual property or resource, and it can be bought, sold, or transferred, thus meeting the criteria of an identifiable intangible asset.
Is branding a intangible asset?
Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
Is accounts receivables a fixed asset or intangible asset?
The answer is neither one. Accounts receivable are a current asset; neither an intangible asset (e.g. goodwill) nor a fixed asset (e.g. plant and equipment).
Why goodwill is an intangible asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is golf club membership considered as intangible asset?
Yes, golf membership has an indefinite useful life and fulfils the criteria of an intangible asset. This assumption is further confirmed if the golf membership used is not for the purpose of investment and is solely for utilisation of the services.
Is a masthead an intangible asset?
Yes, it is
Is plant asset intangible?
No it is tangible.
