The best description of an asset is
A)something you own that has market value.
B)something you either own or control that provides monetary or psychic income.
C)anything of personal value to you.
D)something you own that has market value and is clear of any debt obligation.

Question

Quizplus · Accepted Answer

An asset is best described as something you own that has market value. This definition encompasses a wide range of items, from physical possessions like real estate and vehicles to financial assets such as stocks and bonds, all of which can be bought or sold in the market for money.

The Best Description of an Asset Is