Which of the following is the most liquid asset?
A) capital goods
B) stocks and bonds with a low risk
C) real estate
D) funds in a chequing account

Question

Quizplus · Accepted Answer

Funds in a chequing account are the most liquid asset as they can be easily and quickly accessed and used for transactions and payments. Capital goods, such as machinery and equipment, cannot be easily converted into cash. Stocks and bonds with low risk may be highly valuable, but they require time and effort to sell on the market. Real estate is also not a highly liquid asset, as it typically takes time to sell and convert into cash.

Which of the Following Is the Most Liquid Asset