An example of liquid assets would be:
A) buildings.
B) company cars.
C) finished goods.
D) fixed assets.

Question

Quizplus · Accepted Answer

Liquid assets are assets that can be easily converted into cash without losing value or incurring significant transaction costs. Finished goods are a type of inventory that can be quickly sold for cash, making them a good example of a liquid asset. Buildings, company cars, and fixed assets, on the other hand, are more difficult to convert into cash quickly and without loss of value, so they are not considered liquid assets.

An Example of Liquid Assets Would Be