Jezri Mohideen - Asset Management - Understanding Asset Management - Test your knowledge with a quiz. Go to http://www.jezrimohideen.org.uk/jezri-mohideen-explains-what-is-involved-in-asset-management/ for more.

1. Asset Management
Understanding Asset Management
Total
Assets

2. Total Assets Quiz
1. ______ assets are everything that a business or an
individual owns.
2. For a company, total assets are listed on a _________.
3. These assets are valued based on their __________,
not the current market value of the assets.
4. Assets typically can be converted from a physical item
into ________.

3. 5. The ease in which an asset can be
turned into money is known as
___________.
6. Assets can take various ______,
ranging from real estate and
investment securities to equipment
and inventory.
7. _______ also contributes to the sum of assets.
8. Total assets are listed on a company's balance sheet
based on their level of liquidity, which is based on the
_______ in which they can be exchanged for cash.
9. The most liquid of assets can be found toward the
_______ of a financial statement.
10. These assets might include cash or short-term
investments such as equities and accounts receivable,
which are funds _____ to a business.

4. Check your answers below.
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Answers:
1. Total
2. balance sheet
3. purchase prices
4. cash
5. liquidity
6. forms
7. Cash
8. Speed
9. Top
10. owed