Savings accounts are the most liquid of all assets because they can be quickly and easily transferred.

Name: Savings accounts are the most liquid of all assets because they can be quickly and easily transferred.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Savings accounts are highly liquid because you can quickly access your money, but they are not considered assets that can be "transferred" in the same way as stocks or bonds. Cash or cash equivalents are typically considered the most liquid assets.

Savings Accounts Are the Most Liquid of All Assets Because