Q313
Securities with less predictable prices and have longer maturity time is considered as
A.
cash equivalents
B.
long-term investments
C.
inventories
D.
short-term investments
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Securities with less predictable prices and have longer maturity time is considered as short-term investments. Short-term investments are designed to provide considerable returns in a short period of time, which could be a few months or even a year.