An Example of Liquid Assets Would Be

question 65

Multiple Choice

An example of liquid assets would be:

• A) buildings.
• B) company cars.
• C) finished goods.
• D) fixed assets.

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Definitions:

Chargeout Rate

The price per hour that a firm or individual charges for services, often used in consultancy and project-based work environments.

Billable Hour

A measure representing an hour of work that can be charged to a client, commonly used in legal, consulting, and professional services.

Value Chain

A model that describes the full range of activities needed to create a product or service, from conception to delivery and beyond.

Human Resource

The department within an organization that deals with the recruitment, management, and direction of people who work in the organization.