Question

Which of the following is a tangible asset?

Select the best answer from below options

a) Brand Reputation

b) Data on a database

c) Patent

d) Goodwill

Answer 1

Data on a database is a tangible asset. Data is not only being used to record what has transpired, but it also being used to predict and drive transformative disruptive changes at alarming speeds.

Hence Correct Answer is b) Data on a database