Which One of the Following Statements Related to Liquidity Is

question 9

Multiple Choice

Which one of the following statements related to liquidity is correct?

• A)Liquid assets tend to earn a high rate of return.
• B)Liquid assets are valuable to a firm.
• C)Liquid assets are defined as assets that can be sold quickly regardless of the price obtained.
• D)Inventory is more liquid than accounts receivable because inventory is tangible.
• E)Any asset that can be sold within the next year is considered liquid.

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Definitions:

Relationship Selling

A sales approach that focuses on building long-term relationships with customers, emphasizing trust, understanding customer needs, and providing tailored solutions.

Invalidating Opinions

The act of dismissing or undermining someone's viewpoints as without basis or merit.

Salesperson's Knowledge

Refers to the information, expertise, and understanding a salesperson has about their product, market, and customer needs.

Customer Relationship Marketing

A strategic approach focusing on building and sustaining long-term relationships with customers for loyalty and repeat business.