Which Is the Most Liquid Form of Asset

question 248

Multiple Choice

Which is the most liquid form of asset?

• A) cash
• B) accounts receivable
• C) inventory
• D) supplies

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Definitions:

Consumer Demand

The desire of consumers for specific goods or services, influenced by their purchasing power, preferences, and needs.

Operating Cost

Expenses associated with the day-to-day functions of a business, including rent, equipment, inventory costs, marketing, payroll, insurance, and funds allocated for research and development.

Different Prices

A scenario in which a product or service is offered at varied prices to different customers or in different markets or circumstances.

Service Component

Part of a product offering that involves the provision of labor or expertise, rather than a physical product, to satisfy customer needs.