Which of the following is NOT an example of a financial asset?
A) convertible bond
B) certificate of deposit
C) preferred stock
D) inventory
E) mutual fund

Name: Which of the following is NOT an example of a financial asset? A) convertible bond B) certificate of deposit C) preferred stock D) inventory E) mutual fund
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Question

Quizplus · Accepted Answer

Inventory is a physical asset, while the other options (convertible bond, certificate of deposit, preferred stock, and mutual fund) are financial assets.

Which of the Following Is NOT an Example of a Financial