Which of the following assets is the most liquid?
A) accounts receivable
B) marketable securities
C) cash
D) capital

Question

Quizplus · Accepted Answer

Cash is the most liquid asset because it can be easily used to purchase goods or services without any delay or transaction costs. Marketable securities and accounts receivable can take some time and effort to convert to cash, and capital is a long-term asset that cannot be easily converted to cash.

Which of the Following Assets Is the Most Liquid