Required financing and excess cash are typically viewed as short-term. Therefore, required financing may be represented by notes payable and excess cash is assumed invested in a liquid, interest-paying vehicle such as marketable securities.

Question

Quizplus · Accepted Answer

Required financing and excess cash are indeed short-term in nature, and are often represented by notes payable and marketable securities respectively.

Required Financing and Excess Cash Are Typically Viewed as Short-Term