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    Exam 2: Financial Statements and Cash Flow
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    A(n) ____ Asset Is One Which Can Be Quickly Converted
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A(n) ____ Asset Is One Which Can Be Quickly Converted

Question 30

Question 30

Multiple Choice

A(n) ____ asset is one which can be quickly converted into cash without significant loss in value.


A) current
B) fixed
C) intangible
D) liquid
E) long-term

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