Dissavings can
A)decrease assets and net worth.
B)decrease both assets and liabilities.
C)decrease net worth only.
D)decrease assets only or liabilities only.

Name: Dissavings can A)decrease assets and net worth. B)decrease both assets and liabilities. C)decrease net worth only. D)decrease assets only or liabilities only.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Dissavings refers to spending more than the amount earned or depleting savings, which results in decreasing assets and net worth. Liabilities are not directly affected by dissavings.

Dissavings Can