Which of the Following Types of Assets Is Considered to Be

question 160

Multiple Choice

Which of the following types of assets is considered to be completely liquid?

• A) accounts receivable
• B) cash
• C) prepaid expenses
• D) marketable securities

---

Definitions:

Apparent Color

The color of an object as it is perceived by the human eye, which can differ under varying lighting conditions.

Fovea

A small depression in the retina where visual acuity is highest, due to the high density of cones (photoreceptor cells responsible for color vision).

Opponent-process Theory

A psychological and neurological model that explains a wide range of behaviors, including color vision and emotions, by proposing that elements are usually paired and oppose each other.

Negative Afterimages

Visual illusions that occur after looking at a brightly lit stimulus, resulting in seeing a reversed color (negative) image when the eyes focus on a neutral background.