Question : Which of the following will be covered under liquid assets?
Option 1: Cash
Option 2: Bank
Option 3: Debtor
Option 4: All of the above

Question

Question : Which of the following will be covered under liquid assets?

Option 1: Cash

Option 2: Bank

Option 3: Debtor

Option 4: All of the above

Team Careers360 · Accepted Answer

Correct Answer: All of the above

Solution : By dividing liquid current assets by total current liabilities, the quick ratio is determined.
Cash, bank accounts, marketable securities, and receivables are examples of liquid current assets.
Hence option 4 is the correct answer.

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Question : Which of the following will be covered under liquid assets?Option 1: Cash Option 2: Bank Option 3: DebtorOption 4: All of the above

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Question : Which of the following will be covered under liquid assets?
Option 1: Cash
Option 2: Bank
Option 3: Debtor
Option 4: All of the above

Question : Which of the following is not covered under the current assets?
Option 1: Bank
Option 2: Debtor
Option 3: Bills receivable
Option 4: Goodwill

Question : Which of the following is the correct answer"
A: Liquid assets can be converted into cash immediately.
B: Machinery can be converted easily in cash by selling it.

Option 1: Option A
Option 2: Option B
Option 3: Both of the above
Option 4: None of the above

Question : Goodwill and patents fall under the category of ________.
Option 1: Current assets
Option 2: Liquid assets
Option 3: Intangible assets
Option 4: Tangible assets

Question : Goodwill and patents fall under the category of ________.
Option 1: Current assets
Option 2: Liquid assets
Option 3: Intangible assets
Option 4: Tangible assets

Question : Quick assets include

Option 1: Trade receivable
Option 2: Cash and bank balance
Option 3: Marketable securities
Option 4: All of the above