Monetary or liquid assets include all of the following except _____.

Name: Monetary or liquid assets include all of the following except _____.
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Question

Quizplus · Accepted Answer

Cars are not considered monetary or liquid assets as they cannot be easily and quickly converted into cash without significant loss in value. The other options (cash, money in checking accounts, and certificates of deposit) are all examples of monetary or liquid assets as they can be readily converted into cash.

Monetary or Liquid Assets Include All of the Following Except