Which of the Following Is Not a Characteristic of Marketable

question 51

Multiple Choice

Which of the following is not a characteristic of marketable securities?

• A)short term
• B)illiquid
• C)high quality
• D)interest bearing

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Definitions:

Balance Sheet

A document showing a summary of a corporation's assets, liabilities, and equity of its shareholders at a certain moment, offering a glimpse into its financial health.

Income Statement

A document detailing a corporation's income and outgoings within a particular timeframe, concluding with either a profit or a loss.

Asset Account

An account on a company's balance sheet that represents a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Held-to-maturity Securities

Debt securities that a firm has the intent and ability to hold until they mature.