Which of the following statements is correct concerning marketable securities on a firm's balance sheet?

Question

Quizplus · Accepted Answer

Marketable securities can include a variety of financial instruments such as stocks, bonds, and commercial paper. While some of these securities, such as U.S. government obligations, may be considered relatively safe and without price risk, not all marketable securities are guaranteed against loss. Certain stocks or bonds may carry a higher level of risk and potential for loss. Therefore, option D is the correct choice.

Which of the Following Statements Is Correct Concerning Marketable Securities