Which of the following would not be considered liquid?
A)money in savings accounts
B)coins
C)currency
D)all the above are liquid
E)none of the above are liquid

Question

Quizplus · Accepted Answer

Liquid assets refer to those that can be easily and quickly converted into cash without significant loss in value. Money in savings accounts, coins, and currency can all be easily converted into cash, hence are considered liquid. Therefore, the correct answer is D, all the above are liquid.

Which of the Following Would Not Be Considered Liquid