a(n.____ asset is one which can be quickly converted into cash without significant loss in value.
A)current
B)non-current
C)intangible
D)liquid
E)non-current.

Question

Quizplus · Accepted Answer

A liquid asset refers to an asset that can be easily converted into cash without a significant loss in value. Examples of liquid assets include cash, money market instruments, and marketable securities.

A(n____ Asset Is One Which Can Be Quickly Converted into Cash