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Of the Over $4

question 284

Multiple Choice

Of the over $4.5 billion in assets on the Fed's balance sheet in April 2015, which of the following asset categories was of the smallest value?

Definitions:

Cash

Liquid assets held by a company or an individual, used for the purpose of transactions or as a means to settle debts.

Intangible Assets

Intangible assets are non-physical assets owned by a company that have a useful life and provide future economic benefits, such as patents, trademarks, and goodwill.

Physical Form

Physical form refers to the tangible appearance or structure of an item, indicating its material composition and physical characteristics.

Long-term

Pertains to assets, liabilities, investments, or obligations that are expected to be resolved or realized beyond one year.