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).