Ranking assets from most liquid to least liquid,the correct order is
A)savings bonds;house;currency.
B)currency;savings bonds;house.
C)currency;house;savings bonds.
D)house;savings bonds;currency.

Question

Quizplus · Accepted Answer

Currency is the most liquid asset as it can be easily and quickly converted into other forms of value without loss. Savings bonds are less liquid because they may take time to cash in or may have penalties for early cashing. A house is the least liquid as it takes a significant amount of time and effort to convert into cash.

Ranking Assets from Most Liquid to Least Liquid,the Correct Order