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Which of the following statements is/are correct? 1. A Certificate of Deposit with a maturijy of 6-months is classiged as a liquid asset on the

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Which of the following statements is/are correct? 1. A Certificate of Deposit with a maturijy of 6-months is classiged as a liquid asset on the Statement of Financial Position (Balance Sheet) 2. A Certificate of Deposit with a maturity of 9-months is classified as an investment asset on the Statement of Financial Position (Balance Sheet) 3. According to the lecture and book, personal property can; in certain situations, be used as liquidity and included in the liquidity ratios. (Points : 0.5) O Both 1 and 2 O 1 only O 2 only O 1,2 and 3 O 1 and 3

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