Asked by XxCloud StrifexX on Apr 28, 2024

verifed

Verified

Short-term investments are securities that are _____________ and ______________ to be converted into cash within the next year.

Short-Term Investments

Investments that are expected to be converted into cash, sold, or consumed within a year or within one business cycle, whichever is longer.

Converted Into Cash

Refers to the process of liquidating assets or investments to generate cash flow.

  • Distinguish the differences in strategies for short-term versus long-term investments and their types.
verifed

Verified Answer

ZK
Zybrea KnightMay 03, 2024
Final Answer :
readily marketable intended