Which of the following types of assets is primarily used for emergencies,maintenance of living expenses,savings,and payment of bills?
A)Monetary
B)Tangible
C)Investment
D)Capital

Question

Quizplus · Accepted Answer

Monetary assets include cash, bank deposits, and other types of liquid assets that can easily be accessed for emergency expenses, living expenses, bill payments, and savings. This type of asset is commonly used for short-term financial needs, as it is readily available and offers flexibility and ease of use.

Which of the Following Types of Assets Is Primarily Used