Which of the following is the most liquid asset?
A)capital goods
B)stocks and bonds with a low risk
C)stocks and bonds with a high risk
D)funds in a checking account

Question

Quizplus · Accepted Answer

Funds in a checking account are the most liquid asset because they can be easily and quickly converted into cash without any significant loss in value. Capital goods are not easily convertible into cash and require time and effort to sell. Stocks and bonds may also be sold, but they may involve a high level of risk and may not be easily converted into cash at the desired price.

Which of the Following Is the Most Liquid Asset