What question identifies a tangible asset with a "yes" response?

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Identifying a tangible asset often involves determining whether it is something that provides a direct utility or benefit in daily life. The question, "Do I use it in everyday life?" highlights the practical aspect of the asset, indicating that it is not only a physical item but also one that serves a clear purpose. A "yes" response confirms that the item is actively utilized, reinforcing its status as a tangible asset.

The other questions consider attributes like value, willingness to sell, and insurance status, which are not definitive indicators of whether an item is a tangible asset or its practical relevance. For example, something can be valuable without being something one uses regularly. Similarly, an item can be owned without the intent to sell, and insurance does not inherently define the usability or function of an asset in daily activities. Thus, the focus on everyday use makes the selected question the most appropriate for identifying a tangible asset.

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