Which of the following results in an increase in liquid assets?
A) Take advantage of company matching funds in 401(k)
B) Increase your contribution to 401(k)
C) Have $200 from each paycheck automatically sent to a credit union savings account
D) Sell stock held in a retirement account and hold proceeds in cash

Question

Quizplus · Accepted Answer

C) Having $200 from each paycheck automatically sent to a credit union savings account directly increases liquid assets by increasing the amount of cash or cash equivalents available to the individual.

Which of the Following Results in an Increase in Liquid