An Investment That Is Readily Convertible to a Known Amount

question 151

Multiple Choice

An investment that is readily convertible to a known amount of cash and that is sufficiently close to its maturity date so that its market value is unaffected by interest rate changes is a(n) :

• A) Operating activity.
• B) Cash equivalent.
• C) Short-term marketable equity security.
• D) Common stock.
• E) Financing activity.

---

Definitions:

Financial

Pertaining to money management and the process of acquiring, saving, investing, and spending funds.

Older Parents

Individuals who become parents at a later age, often considered to be over the age of 35 for biological parenting.

Positive Parenting Behaviors

Parenting practices that are supportive, encouraging, and responsive to children's needs, promoting their emotional, social, and cognitive development.

Cognitive Development

The process of growth and change in intellectual capabilities that occurs as a person ages, including thinking, problem-solving, and decision-making abilities.