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O-LevelAccountingThe fundamentals of accounting7707/11 · May/June 2023 · Q211 Mark

Which group consists of only intangible assets?

Abank balance, brand names, goodwill
Bbank balance, trademarks, trade receivables
Cbrand names, goodwill, trademarks
Dgoodwill, trademarks, trade receivables

✓ Correct answer

C: brand names, goodwill, trademarks

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2023 Paper 1 Variant 1, question 21.

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