Which of the following is the most liquid asset?
A) cash
B) Canada savings bonds
C) automobiles
D) gold

Name: Which of the following is the most liquid asset? A) cash B) Canada savings bonds C) automobiles D) gold
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Question

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Cash is considered the most liquid asset as it can be easily and quickly converted into other forms of payment or used for immediate purchases. Canada savings bonds, automobiles, and gold may have value, but they are not as easily convertible to cash without some loss of value or time delay.

Which of the Following Is the Most Liquid Asset