The More Liquid an Asset,the More It Can Serve as Money

question 40

True/False

The more liquid an asset,the more it can serve as money.

---

Definitions:

Caller ID

A telephone feature that displays the phone number of the incoming call.

Important Call

A critical or significant telephone conversation with a stakeholder that can have a substantial impact on business operations or outcomes.

FOB Destination

The point at which the seller pays all shipping costs and title passes on delivery.

Shipping Costs

The expenses associated with transporting goods from the seller to the buyer's location.