By reporting marketable equity securities under current assets,management picks up a liquidity advantage.

Name: By reporting marketable equity securities under current assets,management picks up a liquidity advantage.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marketable equity securities are easily converted to cash and can be sold quickly in the market. By reporting them under current assets, management is highlighting their liquidity advantage and the ability to use them for short-term cash needs or investments.

By Reporting Marketable Equity Securities Under Current Assets,management Picks Up