Which of the following is the most liquid asset?

Name: Which of the following is the most liquid asset?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A demand deposit is the most liquid asset as it can be easily and quickly converted to cash without significant loss of value. Savings account and rare coins may also be considered liquid assets, but they may not be as easily accessible and may incur costs or fees. A home is not a liquid asset as it cannot be easily converted to cash without significant time and expense.

Which of the Following Is the Most Liquid Asset