An Investment That Must Be Readily Convertible to Known Amounts

question 60

Multiple Choice

An investment that must be readily convertible to known amounts of cash,that is subject to insignificant risk of changes in value,and normally qualifies only when it has a short maturity of three months or less from the date of acquisition is called a(n)

• A)Trading security
• B)Cash equivalent
• C)Treasury bill,commercial paper,or equity security
• D)Operating activity
• E)Financing activity

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Definitions:

Involuntary Body Activities

Physical functions that occur without conscious control, such as breathing, heartbeat, and digestion.

Continuous Readings

Measurements or data collection that is carried out without interruption over a specified period of time.

Cognitive-Behavioral Model

A theoretical perspective that emphasizes both behavior and the process and content of thinking as causes of psychological problems.

Psychodynamic

A psychological perspective that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experiences.