Assets that can be easily converted into money without significant loss of value are
A) transactions balances.
B) near monies.
C) currencies.
D) liabilities.

Name: Assets that can be easily converted into money without significant loss of value are A) transactions balances. B) near monies. C) currencies. D) liabilities.
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Question

Quizplus · Accepted Answer

Near monies are assets that can be easily converted into cash without significant loss of value, such as savings accounts and time deposits.

Assets That Can Be Easily Converted into Money Without Significant