Accountancy, asked by vaibhavgarg946, 5 months ago

difference between order of liquidity and order of permanence ​

Answers

Answered by Anonymous
4

Answer:

Permanence can be understood as the inverse of liquidity. Though it is not a requirement that a less liquid asset should have greater permanence, this idea holds in most cases. Thus, the Order of permanence is considered to be the reverse of the Order of Liquidity.

Answered by Itzking18
2

Answer:

Hërê is your answer dear:-

Permanence can be understood as the inverse of liquidity. Though it is not a requirement that a less liquid asset should have greater permanence, this idea holds in most cases. Thus, the Order of permanence is considered to be the reverse of the Order of Liquidity.

hope it's help you ✌️

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