11
QuizMultiple Choice

Financial Planning and Consumer Protection — Test

Question 11 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

Which is an example of a short-term investment?

Answer
A
houses
B
savings accounts
C
retirement funds
D
bonds

Explanation

A savings account is an example of a short-term investment because the money can generally be accessed quickly and is often saved for near-term needs. Houses and retirement funds are usually long-term investments. Bonds can have different maturity dates, but in this question a savings account is the clearest short-term choice.

AI-written and checked against the verified answer.

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