menu
Sign up

A(n)________ Is a Reserve or Rainy-Day Fund with Money Set

Question 59
Multiple Choice

A(n)________ is a reserve or rainy-day fund with money set aside to be used for unexpected expenses or when normal income has been disrupted. A) emergency fund B) umbrella fund C) resources fund D) risk fund

Related questions
Q 60
Which questions do financial ratios help you answer? A) Do I have adequate liquidity to meet emergencies? B) Do I have the ability to meet my debt obligations? C) Am I saving as much as I think I am? D) All of the above E) A and B
Q 61
Your ________ is found by dividing monetary assets by current liabilities and is a good measure of liquidity. A) debt ratio B) current ratio C) net worth D) net cash flows
Q 62
Your ________ is found by dividing total debt or liabilities by total assets. A) debt ratio B) current ratio C) net worth D) asset ratio
logo
© 2020-2021 Cozyplus FZ LLC. All rights reserved