QuestionWhat type of asset is money in a retirement fund? a. investment asset b. liquid asset c. long term asset d. use asset. Select the best answer.

Studdy Solution
Given the definitions and the nature of a retirement fund, it seems that the retirement fund falls under the category of a long-term asset. It is an investment that is held for many years and is not expected to be converted into cash within a short period of time.
Therefore, the correct answer is C Long Term Asset.