Your ability to cover any short-term cash deficiencies is called a solvency. b wealth. C liquidity. d cash planning.

The correct answer is C. liquidity.Liquidity refers to the ability of a company or individual to meet their short-term cash deficiencies or obligations. It is a measure of how quickly and easily assets can be converted into cash without significantly affecting their market value. In other words, liquidity is the ability to access cash quickly and easily when needed.Solvency (option A) refers to the ability of a company or individual to meet their long-term financial obligations and debts. Wealth (option B) refers to the total value of assets owned by a person or company, while cash planning (option D) refers to the process of managing and planning cash flow to ensure that there is enough cash available to meet obligations.Therefore, the correct answer is C. liquidity.