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Sagot :
An asset that can quickly and easily be turned into cash is said to be liquid. Cash, money market instruments, and marketable securities are examples of liquid assets. Hence option A is correct .
Tracking liquid assets as a percentage of net worth can be an issue for both people and corporations. Liquid assets are recorded on a company's balance sheet as current assets for financial accounting reasons.
A liquid asset is one that has cash on hand or is easily convertible into cash. Cash is the most liquid asset since having it recognized as legal money is the ultimate goal.
Because the owner of the asset can rapidly and cheaply change their assets into cash, they are akin to cash itself. exchange a transaction for cash.
Because the owner is sure that the assets may be quickly converted into cash at any time, liquid assets are frequently seen as cash and may also be referred to as cash equivalents.
Learn more about Liquid Assets here
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Full Question
Which of the following is NOT an example of a liquid asset?
a. cash
b certificate of deposit
.c travelers’ checks
d checking account
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