Given the Following Assets;

question 51

Multiple Choice

Given the following assets;
I. Long-term assets
II. Inventories
III. Receivables
IV. Marketable securities
Which is the least liquid of these assets?

• A) I
• B) II
• C) III
• D) IV

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Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution, guaranteeing equal protection under the law, and was instrumental in establishing civil rights.

Same-Sex Marriages

The legally or socially recognized marriage between two individuals of the same sex, now legal in numerous countries and jurisdictions around the world.

Rights and Status

The entitlements and positions held by individuals or groups in a society, which can be legally, socially, or morally recognized.

Homosexuals

Individuals who are romantically or sexually attracted to people of their same sex; the term is often considered outdated or clinical in modern contexts, with many preferring "gay" or "lesbian."