Question 21

Which of the following is classified as a tangible asset?

	A.	Motorcycle
	B.	Pension plan
	C.	Cash
	D.	Real estate investment

Question 22

Which of the following is classified as an investment asset?

	A.	Certificates of deposit
	B.	Money market accounts
	C.	Stocks
	D.	Primary residence

Question 23

A net surplus at the end of the month could be

	A.	all of these.
	B.	invested in a retirement account.
	C.	carried forward to the next month.
	D.	used to pay down credit card debt.

Question 24

Child support received, Social Security benefits, and public assistance are all examples of

	A.	both assets and income.
	B.	expenses.
	C.	income.
	D.	assets.

Question 25

Which of the following would be classified as a short-term liability?

	A.	Education loans
	B.	Credit card debt
	C.	A car loan
	D.	Next month's rent