Money Management: Liquidity & Credit


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question 1 of 3

Which of these statements best describes liquidity?

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1. Which of the following items is the most liquid?

2. Which of the following is true of liquidity?

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About This Quiz & Worksheet

Using these informative assessments, you can quickly assess your knowledge of liquidity and credit. Quiz questions gauge your understanding of financial terms, such as total assets and liquidity.

Quiz & Worksheet Goals

Use this quiz and corresponding worksheet to assess your insights on:

  • The cost of credit
  • Financial credit
  • Total assets that should be liquid
  • A description of liquidity

Skills Practiced

This quiz and worksheet can help you with the following skills:

  • Information recall - access the knowledge you have gained regarding what financial credit is
  • Knowledge application - use your knowledge to answer questions about the cost of credit
  • Defining key concepts - ensure that you can accurately define main terms, such as liquidity and financial credit

Additional Learning

To learn more about liquidity and credit, review the accompanying lesson titled Money Management: Liquidity & Credit. This lesson will help you:

  • Determine why personal money management is important
  • Define liquidity
  • Identify the pros and cons of credit
  • Understand how credit and liquidity are similar