menu
Sign up

When Measuring Your Current Financial Health It Is Important to Create A

Question 14
Multiple Choice

When measuring your current financial health it is important to create A) positive net worth. B) a personal balance sheet. C) an income statement. D) positive net income. E) both B and C.

Related questions
Q 15
Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called A) monetary assets. B) intangible assets. C) investment assets. D) all of the above.
Q 16
Liabilities are best described as A) monetary items of value that you own. B) financial debts and obligations that you owe. C) your net worth. D) assets that depreciate over time. E) intangible obligations.
Q 17
________ can be more than or less than the price you paid for a given asset,depending on what others are willing to pay for that asset today. A) Net value B) Fair market value C) Intrinsic value D) Sentimental value
logo
© 2020 QuizPlus. All Right Reserved