Financial Instruments Quiz
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Questions and Answers

Financial instruments include liabilities as well as assets.

False

True or false: Financial instruments are limited to assets only.

True

Financial instruments do not include liabilities.

True

True or false: All assets are considered financial assets?

<p>True</p> Signup and view all the answers

True or false: Financial assets include both tangible and intangible assets?

<p>True</p> Signup and view all the answers

True or false: Non-financial assets are not considered as financial assets?

<p>True</p> Signup and view all the answers

Study Notes

Financial Instruments

  • Financial instruments encompass both liabilities and assets.
  • Financial instruments are not limited to assets only, but also include liabilities.
  • Not all assets are considered financial assets, as there are non-financial assets as well.
  • Financial assets are limited to intangible assets, and do not include tangible assets.
  • Non-financial assets are not considered as financial assets.

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Description

Test your knowledge on financial instruments with this quick quiz. Determine whether financial instruments are limited to assets only or if they include liabilities as well. Challenge yourself to answer true or false questions and see how well you understand this important concept in finance.

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