Which of the following is not a liquid asset?
A) Cash in your pocket
B) Money in a savings account
C) Corporate stock you own outright
D) Money in your checking account

Question

Quizplus · Accepted Answer

Corporate stock, while relatively easy to convert to cash, is not considered a liquid asset to the same extent as cash, savings, or checking accounts. This is because selling stock can take time and may involve fees or losses depending on market conditions.

Which of the Following Is Not a Liquid Asset