Which of the following assets is likely to be considered the most liquid?
A) Marketable securities
B) Net fixed assets
C) Accounts payable
D) Inventories

Question

Quizplus · Accepted Answer

Marketable securities are the most liquid asset as they can be easily converted into cash without any significant loss of value. Net fixed assets, accounts payable, and inventories do not have the same level of liquidity as marketable securities.

Which of the Following Assets Is Likely to Be Considered