Which of the Following Would Not Be Classified as a Short-Term

question 25

Multiple Choice

Which of the following would not be classified as a short-term investment?

• A) Short-term commercial paper.
• B) Idle cash in a bank checking account.
• C) Marketable equity securities.
• D) Marketable debt securities.

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Definitions:

Koran

The holy book of Islam, believed to be the word of God (Allah) as revealed to the Prophet Muhammad.

Interest

The cost of borrowed funds.

Fortune 500

An annual list compiled and published by Fortune magazine that ranks 500 of the largest U.S. corporations by total revenue for their respective fiscal years.

Total Losses

The complete financial loss associated with an investment, project, or business activity, where no returns are recovered.