Exam L4M4 Topic 2 Question 35 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 35
Topic #: 2
If a company is described as 'liquid' what does this mean?

Suggested Answer: D Vote an answer

liquid = the ability to pay short and medium term debts. In simple terms do you have more in stuff (money, assets) than you owe in debt?
Understanding Liquidity and How to Measure It (investopedia.com)
This is a hot topic for the exam. Learn everything in this section.

by Viola at May 15, 2024, 02:23 PM

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