Which of These Assets Is Generally Considered to Be the Most

question 71

Multiple Choice

Which of these assets is generally considered to be the most liquid?

• A)buildings
• B)land
• C)finished goods inventory
• D)accounts receivable

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Definitions:

Industrialization

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, involving increased mechanization.

Per Capita GDP

A measure of the economic output of a nation per individual, calculated by dividing the country's gross domestic product by its total population.

Developed Countries

Nations with advanced economies, high standards of living, and well-established infrastructure and government systems.

GNPs Per Person

A metric that measures a country's gross national product divided by its population, indicating the average economic output per person.