question 1 out of 5 which statement below is false: assets listed on your balance sheet must have monetary…

question 1 out of 5 which statement below is false: assets listed on your balance sheet must have monetary value. one could use statements from their various financial institutions to help complete a balance sheet. a balance sheet shows your financial condition as of the time the statement is prepared. financial planning is necessary only if you earn a lot of money. submit 0 / 5 questions correct

question 1 out of 5 which statement below is false: assets listed on your balance sheet must have monetary value. one could use statements from their various financial institutions to help complete a balance sheet. a balance sheet shows your financial condition as of the time the statement is prepared. financial planning is necessary only if you earn a lot of money. submit 0 / 5 questions correct

Answer

Brief Explanations:

Assets on a balance - sheet have monetary value. Financial institution statements help in creating a balance - sheet. A balance - sheet shows financial condition at a specific time. Financial planning is important for all income levels, not just high earners.

Answer:

D. Financial planning is necessary only if you earn a lot of money.