Investments are mostly intangible financial assets acquired to achieve long-term personal financial goals.
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Q8: Most types of personal property depreciate shortly
Q9: The income and expense statement provides a
Q10: The income and expense statement looks forward
Q11: Personal financial statements help you identify potential
Q12: Your auto loan payments would be listed
Q14: The value of assets purchased on credit
Q15: Investment assets include items such as boats
Q16: A home and land should be recorded
Q17: A budget is a detailed statement of
Q18: All assets,regardless of category,should be recorded on
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