Which of the Following Assets Is Most Liquid

question 47

Multiple Choice

Which of the following assets is most liquid?

• A)​funds in a checking account
• B)​a car
• C)​ten acres of land
• D)​a television

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Definitions:

Passive

A behavioral trait in which an individual tends not to assert themselves in situations and allows others to dictate actions or decisions.

Mental Health Professional

A trained individual who diagnoses, treats, and helps prevent mental, emotional, and behavioral disorders.

Residential Program

A structured, therapeutic setting where individuals live on-site to receive intensive treatment and support for mental health, substance use, or other behavioral health issues.

Therapeutic

Relating to the healing of disease or maintenance of health, often describing treatments or interventions that aim to improve an individual's condition.