the amount of money in a savings account is an example of which of the following?\na. investment asset\nb…
the amount of money in a savings account is an example of which of the following?\na. investment asset\nb. liquid asset\nc. long term asset\nd. use asset\nplease select the best answer from the choices provided\no a\no b\no c\no d
Answer
Brief Explanations:
A liquid asset can be easily converted into cash. Money in a savings account can be withdrawn quickly and easily, fitting the definition of a liquid asset. Investment assets are for long - term growth, long - term assets have a long lifespan, and "use asset" is not a standard financial term for this context.
Answer:
B. liquid asset