[Answer] The amount of money invested in a retirement fund is an example of which of the following?a.investment assetb.liquid assetc.long term assetd.use asset

Answer: A

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The amount of money invested in a retirement fund is an example of which of the following?a.investment assetb.liquid assetc.long term assetd.use asset An " asset -backed security" is used as an umbrella term for a type of security backed by a pool of assets—including collateralized debt obligations and mortgage-backed securities (MBS) ( Example : "The capital market in which asset -backed securities are issued and traded is composed of three main categories: ABS MBS and CDOs". Mon Oct 29 2001 13:30:00 GMT-0500 (Eastern Standard Time) · Cash and cash equivalents – it is the most liquid asset which includes currency deposit accounts and negotiable instruments (e.g. money orders cheque bank drafts). Short- term investments – include securities bought and held for sale in the near future to generate income on short- term price differences (trading securities). Ad Sign Up today! Make the most of your money with articles videos and webcasts. The Upside. A must h...

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