Items with a monetary worth are referred to as:
A)liabilities.
B)variable expenses.
C)net worth.
D)income.
E)assets.

Question

Quizplus · Accepted Answer

Items with a monetary worth are considered assets. Liabilities refer to debts or obligations, variable expenses are expenses that can vary in amount, net worth is the difference between assets and liabilities, and income refers to money earned through work or investments.

Items with a Monetary Worth Are Referred to As