The most liquid of all assets is

Name: The most liquid of all assets is
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Question

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Cash is the most liquid asset because it can easily be converted into any other asset or used to purchase goods and services. Marketable securities (C) can also be easily converted into cash, but may have a slightly higher level of risk and may take slightly longer to sell. Inventory (B) and accounts receivable (D) are less liquid because they represent goods and services that have not yet been sold or paid for, respectively.

The Most Liquid of All Assets Is