Marketable securities are temporary investments of excess cash and are valued at their original purchase price.

Name: Marketable securities are temporary investments of excess cash and are valued at their original purchase price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marketable securities can be valued at their original purchase price initially, but their value is subject to fluctuations in the market and may be higher or lower than the purchase price at any given time.

Marketable Securities Are Temporary Investments of Excess Cash and Are