A Liquid Asset Is Most Appropriately Described as One That

question 41

Multiple Choice

A liquid asset is most appropriately described as one that is

• A)cash in a checking account.
• B)cash or any other asset that is easily converted to cash with no loss in market value.
• C)cash or any other asset that is marketable.
• D)cash and all other assets except those specifically designated as retirement assets.

---

Definitions:

Clear Filter

An action or feature in software that removes active filters from data, returning the view to its unfiltered state.

Department Column

In databases or spreadsheets, a column specifically dedicated to categorizing entries by department name or code for organizational purposes.

Table Style

A predefined set of formatting options that can be applied to tables in documents and presentations to maintain consistency and visual appeal.

Filter List Arrows

Interactive elements within software applications that allow users to sort or filter displayed data according to various criteria.