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it has intrinsic value

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Q: Money is the most liquid asset available because?
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Related questions

The most liquid asset is?

Money


Which is the more liquid asset?

money


Which of these is the most liquid asset?

The least liquid asset that most people have is their house.


Is a car a liquid asset?

A liquid asset is cash or something that can be quickly converted into cash. A car is generally not considered a liquid asset. The reason for this is because it can take some time to sell a car in order to obtain cash.


Is land a liquid or non liquid asset?

is land a liquid asset


Are sundry debtors a liquid asset?

liquid asset


Why money is the most liquid asset?

Creditors may be particularly interested in indicators of liquidity, because they show the ability of a company to quickly generate the money to pay the outstanding debt


Is asset is cash?

Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.


Why is cash an asset?

Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.


Why is cash so important?

Because it is the most liquid asset


Which is the least liquid asset?

inventory is our least liquid asset.


What is liquidity of a savings account?

Liquidity is a term used to signify how easily an asset or an investment can be converted into cash. Obviously cash is the most liquid investment or asset. Real Estate could be the least liquid because finding a prospective buyer for a home will take a long time. The money in a Savings account is extremely liquid. The account holder can withdraw his money anytime he wants.