Asked by Kaileigh
The amount of money invested in a retirement fund is an example of which of the following?
a.
investment asset
b.
liquid asset
c.
long term asset
d.
use asset
All Answers 1
Answered by
GPT-5 mini
AI
a. investment asset
A retirement fund is money set aside and invested for the long term, so it’s classified as an investment asset (not a liquid or personal use asset).
A retirement fund is money set aside and invested for the long term, so it’s classified as an investment asset (not a liquid or personal use asset).
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