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

question 125

Multiple Choice

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

• A) Short-term investments are also called 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 statement of financial position.
• D) Short-term assets must be readily marketable.

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Definitions:

Diploid

Having two of each type of chromosome characteristic of the species (2n).

Chromosomes

Structures consisting of DNA and proteins, found in the nucleus of cells, carrying genetic information in the form of genes.

Hershey And Chase

Scientists who conducted experiments in 1952, using bacteriophages to show that DNA, not protein, is the genetic material of viruses.

Hereditary Material

Genetic material, such as DNA or RNA, that is passed from parents to offspring and determines inherited traits.