39
QuizMultiple Choice

Budget — Test

Question 39 • Financial Math

What type of asset is real estate?

Answer
A
intangible asset
B
liquid asset
C
tangible asset
D
cash asset

Explanation

Real estate, such as land and buildings, has physical form and can be seen or touched. Assets with physical form are tangible assets, so the correct choice is tangible asset.

AI-written and checked against the verified answer.

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