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Question : Quick assets include
 

Option 1: Trade receivable 

Option 2: Cash and bank balance 

Option 3: Marketable securities 

Option 4: All of the above 


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: All of the above


Solution : Answer = All of the above.

Quick assets include trade receivables, cash and bank balances, and marketable securities. These are highly liquid assets that can be quickly converted into cash to meet short-term obligations or emergencies, providing a measure of a company's liquidity.

Quick assets = current assets except stock and prepaid expenses.
Hence, the correct option is 4.

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