Question

what term is used to describe an individuals money and personal property?
○ budget
○ income
○ assets
○ finances

Explanation:

• A budget is a plan for spending income.
• Income refers to money earned or received.
• Assets are defined as the money and personal property owned by an individual.
• Finances are the overall management of money and assets, not the term for the assets themselves.

Answer:

C. assets