Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called
A)monetary assets.
B)intangible assets.
C)investment assets.
D)all of the above.

Question

Quizplus · Accepted Answer

The assets purchased for accumulating wealth are investment assets, not monetary assets (which include cash and cash equivalents) nor intangible assets (which include patents and copyrights). So, choice C is the most appropriate option.

Assets That You Purchase for the Purpose of Accumulating Wealth