When creating a personal balance sheet,which of the following is an investment asset?

Name: When creating a personal balance sheet,which of the following is an investment asset?
Brand: Quizplus
Rating: 4.7 (55 reviews)

Question

Quizplus · Accepted Answer

A retirement account is considered an investment asset because it is meant to provide income and financial security in the future. Cash value of life insurance, checking account, possessions in your home, and vacation property are all examples of assets, but they are not necessarily investment assets.

When Creating a Personal Balance Sheet,which of the Following Is