Which of the following statements about financial assets is usually not true?
A) Serve as a store of value
B) Cannot be depreciated
C) Physical condition or form important in determining their value
D) Little or no value as a commodity
E) Easily stored and transported
Correct Answer:
Verified
Q89: The most important financial asset is money.
Q90: Direct, indirect and semi-direct finance are:
A) Methods
Q91: Secondary securities issued by financial intermediaries are
Q92: A checking account would be classified, according
Q93: Financial assets are _, meaning they can
Q95: According to the text, pension funds are
Q96: Investment companies (sometimes called mutual funds) are
Q97: According to the textbook, money market funds
Q98: Savings banks are classified as one of
Q99: Credit unions are classified as what type
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