Question 21 (1 point) ability to cover eash deficiencies B liquidity b money management 6 cash deficienoy

## Step 1<br />The question is asking for the term that describes the ability to cover cash deficiencies. This is a concept in finance and business management.<br /><br />## Step 2<br />The term that best describes this ability is 'liquidity'. Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its price. The most liquid asset, of course, is cash itself.<br /><br />## Step 3<br />Money management and cash deficiency are not the correct terms to describe this ability. Money management refers to the process of managing money, while cash deficiency refers to a situation where there is not enough cash to cover expenses.