If an Investment Is Liquid and the Investor Intends to Convert

question 139

Multiple Choice

If an investment is liquid and the investor intends to convert the investment to cash within one year, the investment will be classified as:

• A)long-term.
• B)equity.
• C)short-term.
• D)either long-term or short term.

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Definitions:

Vesicle

A small fluid-filled bladder or sac within the body, including structures such as blisters or biological vesicles in cell biology.

Papule

A small, raised, and solid pimple or swelling on the skin that does not contain pus.

Rocky Mountain Spotted Fever

A bacterial disease spread by ticks, characterized by fever, headache, muscle pain, and a characteristic rash.

Tick

A small arachnid that feeds on the blood of mammals, birds, and sometimes reptiles and amphibians, known for transmitting diseases such as Lyme disease.