All of the following statements about short-term investments are true except
A) short-term investments are also call 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.

Question

Quizplus · Accepted Answer

Short-term investments are listed above accounts receivable in the current asset section of the balance sheet, not below.

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