planning for the possibility that your home might get struck by lightning and catch on fire is part of a…

planning for the possibility that your home might get struck by lightning and catch on fire is part of a plan for a. financing b. managing income c. managing liquidity d. protecting assets please select the best answer from the choices provided.

planning for the possibility that your home might get struck by lightning and catch on fire is part of a plan for a. financing b. managing income c. managing liquidity d. protecting assets please select the best answer from the choices provided.

Answer

Brief Explanations:

Planning for a home getting struck by lightning and catching fire is about safeguarding an asset (the home). Financing is about obtaining funds, managing income is about handling earnings, and managing liquidity is about having accessible cash. Protecting assets involves measures to safeguard property from risks like fire.

Answer:

D. protecting assets