Section: Volume D
Explanation:
Assets are the economic resources owned by business or company. Anything tangible or intangible that one possesses, usually considered as applicable to the payment of one's debts, is considered an asset. An asset can also be defined as a resource, process, product, computing infrastructure, and so forth that an organization has determined must be protected.
Tangible asset: Tangible are those assets that has physical attributes and can be detected with the senses, e.g., people, infrastructure, and finances.
Intangible asset: Intangible are those assets that has no physical attributes and cannot be detected with the senses, e.g., information, reputation and customer trust.