Which of the listed properties is typically considered tangible?

Tangible properties are physical assets that can be touched, seen, and valued, which makes them distinct from intangible properties. Office equipment, such as computers, printers, and furniture, falls under the category of tangible assets because they are physical items used in business operations. These items can be categorized, appraised, and valued based on their physical presence and condition.

In contrast, annuities and cash are considered financial assets rather than physical objects, while intellectual property refers to intangible creations of the mind, such as ideas, inventions, and brand designs. This distinction is essential because it influences how these assets are assessed, managed, and utilized in various contexts, such as financial reporting and taxation. Understanding the nature of tangible versus intangible assets helps appraisers accurately evaluate a property's worth and informs asset management decisions.