Which of the Following Assets Is the Most Liquid

question 93

Multiple Choice

Which of the following assets is the most liquid?

• A)Building
• B)Prepaid Expenses
• C)Accounts Receivable
• D)Cash

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Definitions:

Competitive Today

The state of being able to maintain an edge over rivals in the current market through strategies, practices, and innovations.

Product/Service Quality

The degree to which a product or service meets or exceeds customer expectations in terms of performance, reliability, and satisfaction.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture in order to bring new products, services, or ideas to the market.

Ambiguity

The quality of being open to more than one interpretation; vagueness or uncertainty.