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  • Theoretical Framework of Accounting
  • Which of the following is not a liquid asset?
Multiple choice

Which of the following is not a liquid asset?

  1. Inventory

  2. Debtors

  3. Bank balance

  4. Marketable securities

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is the correct answer. Inventory is current asset but not a liquid asset.

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