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

question 54

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 balance sheet.
• D) Short-term assets must be readily marketable.