51. An asset that is NOT physical in nature is called

Intangible asset
Liquid asset
Current asset
Fixed asset
✅ The correct answer is A.
An asset that is NOT physical in nature is called Intangible asset. An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets.

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