Assets and Liabilities Quiz
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- Which commodity can be considered as an asset?
What is an asset?CorrectIncorrect
What is a liability?CorrectIncorrect
What are the types of assets?CorrectIncorrect
What is 401(k)?CorrectIncorrect
Which asset class provides the highest return?CorrectIncorrect
You have a laptop and you play games every day and do not earn money. Choose the right option.CorrectIncorrect
You own two houses. In the first house, you live there. In the second house, you have rented. Choose the right option.CorrectIncorrect
The value of your newly purchased car depreciates 20% in a year. What is it for you?CorrectIncorrect
Which commodity cannot be considered as an asset?CorrectIncorrect
What did you learn from the chapter Assets and Liabilities? (Explain in brief)Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.