Which of the following is the most liquid asset?
A)corporate bonds.
B)fine art.
C)deposits that can be withdrawn using ATMs.
D)mutual funds.

Question

Quizplus · Accepted Answer

Deposits that can be withdrawn using ATMs are the most liquid asset as they can be quickly and easily converted into cash without any significant loss in value. Corporate bonds and mutual funds require a market to sell them, which may not always be readily available, while fine art is illiquid and may take time to sell.

Which of the Following Is the Most Liquid Asset