JAMB Accounting 2012 Objective — Question 19

Question 19 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.

Which of the following is an item of special assets?

A. Fixed assets
B. Current assets
C. TrademarkCorrect
D. Gratuity

Explanation

Trademark is a special asset because it is not real but recognized by the law. It is a fictitious asset.

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