A. a non-monetary value
B. tangible and intangible qualities
C. monetary cost and future benefit
D. an inadequate monetary value
Correct Answer: Option B
B. tangible and intangible qualities
Explanation
Tangible assets are physical in nature that can be either long-term or short-term assets. Intangible assets are long-term assets that are not physical, but rather, intellectual property. Both tangible and intangible assets are recorded on the balance sheet.