All of the following statements about short-term investments are true except:
A) Short-term investments are also called 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 typically listed above accounts receivable in the current asset section of the balance sheet, reflecting their higher liquidity.

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