Cash and liquidity

This course is designed to help you develop your reading

and vocabulary skills relating to cash and liquidity. To
begin working on this course, please do brainstorming by
answering the questions below. After that, complete the
other tasks on the next page.

Task One: Brainstorming

Before you read the passage, talk about the following
questions.
 Cash and liquidity

Task Two: Reading Comprehension

Read the article from an accounting journal.
Then, mark the following statements as true
(T) or false (F).

1 . Brand names are highly liquid assets.

2. Insufficient cash leads to unexpected expenditures.
3. The author suggests having a safety reserve of cash.
Cash and liquidity

Task Three: Vocabulary Task Four: Vocabulary

Match the words (1-5) with the definitions (A-E).
Fill in the blanks with the correct words or phrases
below:
expenditures, zero cash balance, unproductive, safety
reserve.