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Commerce · Q230

Financial Management

Graduate and Post Graduate · Commerce · question 230

Q230

Financial assets ______.

A.
directly contribute to the country's productive capacity
Answer
B.
indirectly to the country's productive capacity
C.
contribute to the country's productive capacity both directly and indirectly
D.
do not contribute to the country's productive capacity either directly or indirectly

Answer: Option A

Solution

Answer: Option A
Solution:
Financial assets directly contribute to the country's productive capacity. A financial asset is a liquid asset that gets its value from a contractual right or ownership claim.