Accounting · Classification of Assets
The assets which can be converted into cash within a very short period of time are called ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Fictitious Assets
- 2Intangible Assets
- 3Liquid Assets✓
- 4Fixed Assets
Correct answer
Liquid Assets
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Classification of Assets MCQs →Want more practice questions on Classification of Assets?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Classification of Assets