Examveda
Examveda

Which among the following cannot be termed as an asset?

A. Car

B. Human Life

C. Air

D. House

Answer: Option D

Solution(By Examveda Team)

Human Life cannot be termed as an asset. People are not assets like tangible fixed assets such as equipment. People cannot be owned. People do not depreciate. If they are assets, people are intangible assets.

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