Your Big-Screen HDTV Would Be Listed as an Asset on Your

question 174

True/False

Your big-screen HDTV would be listed as an asset on your personal balance sheet. However, the loan you took out to buy the TV would be listed as a personal liability.

---

Definitions:

External Locus

The belief that one's life events are largely influenced by external forces or the environment rather than personal actions.

Toe Dipper

An individual or entity that cautiously tests or explores a new venture, idea, or market with minimal commitment.

Laptop Computer

A portable personal computer designed for mobile use, integrating most components of a desktop computer, including display, keyboard, and a pointing device.

Technology Personality

The characteristic patterns of thought, feeling, and behavior that make a person's relationship with technology unique.