A liquid asset is most appropriately described as one that is
A)
cash in a checking account.
B)
cash or any other asset that is easily converted to cash with no loss in market value.
C)
cash or any other asset that is marketable.
D)
cash and all other assets except those specifically designated as retirement assets.
B
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A firm that chooses a low-risk, restrictive credit policy will tend to have a larger investment in receivables
Indicate whether this statement is true or false.
Keith, an HR manager at a manufacturing facility, needs to hire three workers to work on the assembly line. Keith will be basing job specifications on statistical analysis. Keith has already analyzed the job and decided how to measure job performance
What is the next step that Keith must take in the process? A) testing and comparing job candidates for the position B) writing a task statement for each of the position's tasks C) selecting personal traits that will predict job performance D) using managerial judgment to evaluate education and skills