Of the following assets, which is the generally the least liquid?
A) Marketable securities.
B) Cash.
C) Inventory.
D) Accounts receivable.

Question

Quizplus · Accepted Answer

Inventory is generally considered the least liquid asset among the options given because it takes longer to convert into cash without losing value. Marketable securities, cash, and accounts receivable can typically be converted to cash more quickly and easily.

Of the Following Assets, Which Is the Generally the Least