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Short-term investments that can be turned into cash easily are called:

AMarketable securities
BMarginal securities
CMandatory securities
DMunicipal securities
Answer & Solution
Correct answer: A. Marketable securities
1. Idle cash is parked in them. 2. They convert back quickly. 3. They are marketable securities. _Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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