AnalystForum

unfortunately this is one area where the institute will take off points for too much information. you can’t just list everything that might need to be included in liquidity in the liquidity section and hope you cover it. If the pament needs to be kept liquid it should go in the liquidity section period. if it is included in the return objective - then it doesn’t need to be in the liquidity section.
fortunately the test will tell you what should and should not be included in liquidity. for instance if the person says they don’t want some payment that’s coming up included in their return/assets then that would need to be kept liquid.