When creating a personal balance sheet,which of the following is considered to be a personal possession asset?
A) A five-year-old television set
B) A home
C) Cash in a checking account
D) Retirement investments
E) Vacation property
Correct Answer:
Verified
Q48: Financial experts recommend a monthly savings ratio
Q48: The statement that includes liquid assets, real
Q49: Another name for a statement of financial
Q49: Which of the following is NOT a
Q51: Which of the following is a cash
Q52: Which of the following situations describes a
Q54: Which of the following will increase the
Q56: When creating a personal balance sheet,which of
Q60: Items with monetary value are referred to
Q63: Financial experts recommend a debt/payments ratio of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents