The most liquid asset is
A) sales.
B) accounts receivable.
C) marketable securities.
D) cash.
E) capital.

Name: The most liquid asset is A) sales. B) accounts receivable. C) marketable securities. D) cash. E) capital.
Brand: Quizplus
Rating: 5.0 (40 reviews)

Question

Quizplus · Accepted Answer

Cash is considered to be the most liquid asset because it can be readily used to make purchases or payments without any delay or additional conversion steps. Other assets may require additional processing or time to convert to cash, making them less liquid.

The Most Liquid Asset Is