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What Is a Liquid Asset and Why Is It Necessary

question 28

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What is a liquid asset and why is it necessary for a firm to maintain a reasonable level of liquid assets?


Definitions:

Insertion

The point or mode of attachment of a skeletal muscle to the bone or other body part it moves.

Orbicularis Oris

A complex of muscles in the lips that encircles the mouth, controlling the movements involved in lip closure, puckering, and speech.

Puckering

The formation of small wrinkles or folds in a surface, often caused by contraction, shrinking, or gathering, particularly in skin or fabric.

Elevate Jaw

The action of raising the lower jaw or mandible, an action involved in facial expressions and chewing.

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