ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are items of value?
A
tax
B
allowance
C
net worth
D
personal assets
Explanation: 

Detailed explanation-1: -Cash and cash equivalents, certificates of deposit, checking, and savings accounts, money market accounts, physical cash, Treasury bills. Property or land and any structure that is permanently attached to it. Personal property-boats, collectibles, household furnishings, jewelry, vehicles.

Detailed explanation-2: -Besides real estate, personal items that are worth money are considered assets. Cars, jewelry, electronics, and antiques are some examples of personal assets.

Detailed explanation-3: -Your home. Other property, such as a rental house or commercial property. Checking/savings account. Classic cars. Financial accounts. Gold/jewelry/coins. Collectibles/art. Life insurance policies.

Detailed explanation-4: -Cash and cash equivalents. Accounts receivable (AR) Marketable securities. Trademarks. Patents. Product designs. Distribution rights. Buildings. More items •06-Jul-2022

Detailed explanation-5: -Cash and cash equivalents. Accounts Receivable. Inventory. Investments. PPE (Property, Plant, and Equipment) Vehicles. Furniture. Patents (intangible asset) 04-Mar-2023

There is 1 question to complete.