All of the following are basic categories of financial assets except
A) Money market securities.
B) Stocks (equity).
C) Deeds (titles).
D) Bonds (debt).
E) All of the above represent financial assets.

Question

Quizplus · Accepted Answer

Deeds (titles) represent ownership of real estate, which is not considered a financial asset. Therefore, C is the correct answer. A, B, and D are all basic categories of financial assets.

All of the Following Are Basic Categories of Financial Assets