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:

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and cope with reality or maintain self-image.

Fixation

An obsessive interest or feeling towards a particular object or idea that can result from unresolved conflicts, particularly those stemming from early childhood.

Biting Sarcasm

A form of sarcasm that is particularly cutting or cruel, often intended to hurt or mock.

Exaggerated Denial

An overemphasis on denying reality or facts, often as a psychological defense mechanism.