The ease with which an investment can be converted to cash without a substantial loss in dollar value is called the
A)asset value.
B)liquidity factor.
C)immediate quotient.
D)fixed cost factor.
E)variable cost factor.

Question

Quizplus · Accepted Answer

The attribute described in the question is known as liquidity, which refers to the ease and speed with which an asset can be converted into cash with a minimal impact on its dollar value. Options A, D, and E do not accurately describe this attribute. Option C, immediate quotient, is not a financial term, and it does not relate to the concept mentioned in the question.

The Ease with Which an Investment Can Be Converted to Cash