Which of the following is not a liquid asset?
A)Cash in your pocket
B)Money in a savings account
C)Access to your credit card
D)Money in your chequing account

Question

Quizplus · Accepted Answer

While cash in your pocket, money in a savings account, and money in your chequing account can all be easily accessed and used for immediate purchases or withdrawals, access to a credit card is not considered a liquid asset as it involves borrowing money that must be paid back with interest.

Which of the Following Is Not a Liquid Asset