Which of these assets is likely to be the least liquid?

Question

Quizplus · Accepted Answer

Inventories of work in progress are likely to be the least liquid asset because they are not yet finished products that can be sold immediately. They are in the production process and may require additional work or materials before they can be completed and sold. Receivables and marketable securities can be easily and quickly converted into cash, while inventories of finished goods are already completed products that can be sold immediately.

Which of These Assets Is Likely to Be the Least