Liquid assets can be easily converted to cash and include money in checking accounts and personal possessions.

Name: Liquid assets can be easily converted to cash and include money in checking accounts and personal possessions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liquid assets are easily converted to cash without significant loss of value, including money in checking and savings accounts, stocks, and bonds, but not typically personal possessions due to their varying liquidity and market value.

Liquid Assets Can Be Easily Converted to Cash and Include