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Which of the following is the least liquid asset Quizlet


Money is the least liquid asset.

Which is the least liquid asset?

Land, real estate, or buildings are considered among the least liquid assets because it could take weeks or months to sell them. Fixed assets often entail a lengthy sale process inclusive of legal documents and reporting requirements.

Which of the following is least liquid asset real estate?

Land and real estate investments are considered non-liquid assets because it can take months for a person or company to receive cash from the sale.

Which of the following account is the least liquid?

Inventory is the least liquid because the rate at which inventory is turned over and converted to cash can take years or not occur at all. Fixed assets have even less liquidity than inventory.

Is cash the least liquid asset?

Cash is universally considered the most liquid asset because it can most quickly and easily be converted into other assets. Tangible assets, such as real estate, fine art, and collectibles, are all relatively illiquid.




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  1. which of the following is the most liquid asset quizlet
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  4. which one of the following represents the most liquid asset quizlet
  5. which of the following is generally considered to be the least liquid of current assets quizlet
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