Asked by
Christella Audrey
on Nov 11, 2024
Verified
The least liquid of the assets listed below is:
A) real estate.
B) currency.
C) traveler's checks.
D) oil.
E) checkable deposits.
Real Estate
Pertains to land and any permanent structures or improvements attached to it, such as buildings, houses, and other property types.
- Realize the crucial need for liquidity in banks and how liquid assets affect the efficiency of bank operations.
Verified Answer
ML
Learning Objectives
- Realize the crucial need for liquidity in banks and how liquid assets affect the efficiency of bank operations.