Monetary Assets Quiz

What are monetary assets?

• Items that cannot be converted into cash

• High-risk investments

• Cash and low-risk, near-cash items that can quickly be converted into cash

• Long-term investments

Which of the following is an example of a monetary asset?

• Real estate

• Checking Accounts

• Stocks

• Bonds

Which of the following is NOT considered a monetary asset?

• Savings Accounts

• Checking Accounts

• Cash

• Real estate

What does monetary asset management encompass?

• How you handle your physical assets

• How you handle your monetary assets

• How you handle your real estate assets

• How you handle your intangible assets

Which of the following is NOT included in monetary asset management?

• Cash on hand

• Checking accounts

• Real estate properties

• Savings accounts

Which type of account is included in monetary asset management?

• Real estate accounts

• Checking accounts

• Inventory accounts

• Equipment accounts

Monetary asset management includes handling which of the following?

• Certificates of deposit

• Inventory

• Machinery

• Office supplies

Which of the following services is NOT typically provided by companies in the financial services industry?

• Checking accounts

• Savings accounts

• Money market accounts

• Retail sales

What additional services might companies in the financial services industry provide besides checking, savings, and money market accounts?

• Retail sales and marketing

• Credit, insurance investment, and financial planning services

• Manufacturing and production

• Real estate and property management

What services do depository institutions provide?

• Only checking accounts

• Only savings accounts

• Checking and savings accounts, as well as loans

• Only loans