Short-Term Investments Have an Original Cost of $30,000 and a Fair

question 53

Multiple Choice

Short-term investments have an original cost of $30,000 and a fair market vallue of $31,000 at December 31, 2018. At what amount would the investments be measured on the December 31, 2018 balance sheet?

• A)$30,000
• B)$31,000
• C)($2,000)
• D)$2,000

---

Definitions:

Code of Conduct

A set of guidelines designed to set out acceptable behaviors for members of a particular group, organization, or profession.

Company Code

A unique identifier assigned to a specific company or organization, often used in internal and external tracking systems.

Social Audits

A process in which an organization's processes and practices are evaluated for their social impact, adherence to social values, and compliance with social objectives.

Volunteer Work

Unpaid work performed by individuals or groups, typically for charitable, non-profit, or community-based organizations.