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WAEC Accounting 2023 Objective — Question 11

Question 11 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.

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Which of the following items is a tangible asset?

  • A. Goodwill
  • B. Lease
  • C. MachineryCorrect
  • D. Copyright

Explanation

A tangible asset can be seen and touched; among the options, only machinery is tangible.

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