alleryShort-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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