Multiple Choice
Which of the following types of assets is considered to be completely liquid?
A) accounts receivable
B) cash
C) prepaid expenses
D) marketable securities
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: What is the accounting equation?
Q60: An asset is defined as any economic
Q155: Cash receipts and payments from buying and
Q157: A liability is _.<br>A) the amount of
Q159: _ is concerned with reporting the operations
Q161: The _ is a company's chief accounting
Q162: Which of the following is the most
Q163: The process of distributing the cost of
Q164: In general,a current ratio of 2:1 or
Q165: Which are the two major fields of