An Asset That Can Be Quickly Converted to Cash with Relatively

question 277

Multiple Choice

An asset that can be quickly converted to cash with relatively little loss of value is:

• A) illiquid.
• B) liquid.
• C) diversified.
• D) risk averse.

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Definitions:

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A social media platform that allows users to post and interact with messages known as "tweets."

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The objective analysis and evaluation of an issue in order to form a judgment.

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The process of organizing and planning how to divide one's time between specific activities to increase efficiency and productivity.

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The act of sending and receiving brief written messages between mobile phones.