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What is meant by money being ACCESSIBLE? (select all that apply) Anyone can get it easily It takes a long time to get the money The owner can get it quickly The owner can get it easily

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Answer:

  • The owner can get it quickly
  • The owner can get it easily

Step-by-step explanation:

When money is said to be accessible, it means that the owner can get to it quickly and easily. This means that the money is very liquid and so can be used in times of emergency.

Examples of accessible money include physical cash, short term investments and checkable deposits at banks. The owners can access these easily and quickly because they either have the money, can sell the investments pretty quickly to get money or can simply withdraw the money from their bank accounts.

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