________ involves having access to funds to cover any short-term cash deficiencies.
A) Investment
B) Money
C) Liquidity
D) Risk

Question

Quizplus · Accepted Answer

Liquidity refers to the ability to access funds quickly and easily to cover short-term cash needs. Having liquidity is important for individuals and businesses, as it allows them to pay bills or expenses on time and avoid financial difficulties. Investing and managing money are also important, but liquidity specifically refers to access to funds for short-term needs. Risk is not directly related to having access to funds.

________ Involves Having Access to Funds to Cover Any Short-Term