15
QuizMultiple Choice

Study Guide and Quiz

Question 15 • S25 Introduction to Business A (Theisen)

Which of the following assets is the most liquid?

Answer
A
Inventory
B
Real estate
C
Money in the bank
D
A piece of equipment

Explanation

Liquidity describes how quickly an asset can be used or converted into cash without losing value. Money in the bank is already available as cash, while inventory, real estate, and equipment generally take time to sell. Therefore, money in the bank is the most liquid asset.

AI-written and checked against the verified answer.

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