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Nicholas Bowman Has a Savings Account with $825 in It

Question 26

Multiple Choice

Nicholas Bowman has a savings account with $825 in it.He knows that he can easily withdraw this money and spend it whenever he wishes.This would be an example of:


A) money management.
B) a personal possession.
C) a limited asset.
D) a liquid asset.
E) net worth analysis.

Correct Answer:

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