Which of the Following Is the Most Liquid Asset

question 27

Multiple Choice

Which of the following is the most liquid asset?

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

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Definitions:

Q

Often used to denote "quantity" in economic equations and models.

Money Supply

The entirety of monetary resources accessible in an economy during a specific period.

Rational

Characterized by clear and logical thinking, often with regard to fulfilling one's personal goals or making decisions based on empirical evidence and reasoning.

Unemotional Self-interest

Refers to actions motivated purely by personal gain without regard to emotions or moral considerations.