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Anton [14]
3 years ago
5

Liquidity refers to Group of answer choices the ease with which an asset is converted to the medium of exchange. the measurement

of the intrinsic value of commodity money. the measurement of the durability of a good. how many time a dollar circulates in a given year.
Business
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer:

The correct answer is letter "A": the ease with which an asset is converted to the medium of exchange.

Explanation:

The liquidity of an asset reflects the ease with which it can be transformed from investment to cash. Liquid assets are those that can be transformed easily to cash and see little or no difference in the value of the assets when transformed. Illiquid assets are more difficult to convert and can result in a major decrease in value once converted.

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Answer:

1. <em>This is an example of the practice of good human resource principles</em>

<em>2.This is an example of poor establishment of responsibilities</em>

<em>3. This is an example of lack of segregation of duties</em>

<em>4. This is an example of independent internal verification</em>

<em>5. This is an example of the practice of physical control</em>

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Explanation:

1. Employees are required to take vacations.

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2. Any member of the sales department can approve credit sales.

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3. Paul Jaggard ships goods to customers, bills customers, and receives payment from customers.

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4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

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5. Time clocks are used for recording time worked by employees.

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Here the big questions are asked such as;

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Once these questions have been answered and other analysis made and the company is satisfied, the product can then move to the Product Development Stage.

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