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The long-term assets that have no physical existence but are rights that have value are known as _______?

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The long-term assets that have no physical existence but are rights that have value are known as _______? Answer: Intangible assets

Intangible assets are non-physical assets that provide value to a company, such as patents, copyrights, trademarks, and goodwill. These assets are long-term and help in generating future economic benefits.

Question context

This question is part of 🌍 Current Affairs within the broader 🌐 Current Affairs & GK subject and appears in the SPSC – Sindh Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.