Trading Investments are listed on the statement of financial position immediately below
A)cash.
B)inventory.
C)accounts receivable.
D)prepaid expenses.

Question

Quizplus · Accepted Answer

Trading investments are considered a type of current asset and are typically listed on the statement of financial position (balance sheet) immediately after cash and cash equivalents, reflecting their liquidity and the intention to trade them in the short term.

Trading Investments Are Listed on the Statement of Financial Position