What Is Cash and Other Assets That Can Be Converted

question 59

Multiple Choice

What is cash and other assets that can be converted into cash within a year called?

• A)Liquid assets
• B)Convertible assets
• C)Working assets
• D)Fixed assets
• E)Current assets

---

Definitions:

Electrons

Negatively charged particles present in every atom that function as the main conduits for electrical current in solid materials.

Neutrons

Neutrons are subatomic particles found in the nucleus of an atom; they have no electric charge and a mass slightly greater than that of protons.

Protons

Positively charged particles located within an atom's nucleus, contributing to the atom's overall charge and mass.

Radioactive Decay

Process in which an atom emits energy and/or subatomic particles when its nucleus spontaneously breaks up.