Multiple choice general knowledge What are Tangible Assets? Assets involved in the resale of goods and services Assets involved in the resale of goods and services rather than being held for production Assets involved in the production of goods and services rather than being held for resale Assets involved in the resale of goods rather than being held for production Reveal answer Fill a bubble to check yourself C Correct answer Explanation Tangible assets are physical assets used in the production process (machinery, buildings, equipment) rather than inventory held for resale. They are productive assets, not trading assets.