Stock is considered a liquid asset as anytime it can be converted into cash immediately.

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RRB Paper · Accepted Answer

Stock is not included in the liquid assets due to uncertainty of whether it will be sold or not and at what price it will be sold. Prepaid expenses are also not considered as liquid assets because they cannot be converted into cash. Note:- Assets included in current assets are those assets that can be converted into cash quickly.

Stock is considered a liquid asset as anytime it can be converted into cash immediately.

yes

no

only yes

none of the above

The correct answer is `No. 2: no`

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Stock is considered a liquid asset as anytime it can be converted into cash immediately.

yes

no

only yes

none of the above

The correct answer is No. 2: no

The correct answer is `No. 2: no`