Which asset's valuation is least affected by uncertainty?
A) Accounts receivable of a toy manufacturer
B) Inventory of a toy manufacturer
C) Cash
D) Land

Question

Quizplus · Accepted Answer

Cash is the most stable asset and its value is least affected by uncertainty. Accounts receivable and inventory value can change based on market demand and supplier issues. Land value can also be impacted by economic and regulatory changes.

Which Asset's Valuation Is Least Affected by Uncertainty