All of the following statements about short-term investments are true except

Question

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Short-term investments are listed separately from accounts receivable in the current asset section of the statement of financial position. They may include marketable securities, but not all marketable securities are necessarily classified as short-term investments. Trading securities are a type of short-term investment, but not all short-term investments are trading securities. Short-term assets are expected to be readily marketable, but this is not a requirement for classification as a short-term investment.

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