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B Which of the following is an example of real property? O a. An automobile O b. Jewelry O c. A computer O d. A

B Which of the following is an example of real property? O a. An automobile O b. Jewelry O c. A computer O d. A garage O e. Office furniture Which of the following is listed as an asset on an individual's balance sheet? O a. Leased automobiles Ob. Checking accounts Oc. Outstanding medical bills Od. Education loans O e. Bank credit card balances Which of the following statements regarding budgets is true? Oa. Budgets do not need to be revised. O b. Budgets are forward looking. Oc. Budgets are meant for poor people only. Od. Budgets provide long-term financial forecasts. Oe. Budgets need software to be effective

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