All of the Following Statements About Short-Term Investments Are True

question 127

Multiple Choice

All of the following statements about short-term investments are true except

• A) short-term investments are also call marketable securities.
• B) trading securities are always classified as short-term investments.
• C) short-term investments are listed below accounts receivable in the current asset section of the balance sheet.
• D) short-term assets must be readily marketable.

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Definitions:

Derived

Obtained from a specific source or originating from something; made by altering or modifying something else.

Ectoderm

is the outermost layer of cells or tissue of an embryo in early development, giving rise to the epidermis and nervous system.

Notochord

A pliable stick-like structure composed of a substance akin to cartilage, offering support within all embryonic and certain adult members of the chordate group.

Dorsal Supporting Rod

A skeletal structure found in all chordates that provides axial support, better known as the notochord in embryonic stages.